Bombay High Court rules in favour of Vodafone in TP share value controversy

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Bombay High Court rules in favour of Vodafone in TP share value controversy

The Bombay High Court (HC) has ruled in favour of Vodafone India in relation to a transfer pricing dispute between the company and the tax authorities about whether the transfer of shares between the company and a subsidiary in Mauritius constituted a transaction that gave rise to income tax.

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