Supreme Court: Offshore share transfer by telecom firm doesn't extinguish control over Indian subsidiary. No asset transfer involved. https://www.taxtmi.com/highlights?id=2725 Vodafone's case - Transfer of the foreign holding company’s share off-shore, cannot result in an extinguishment of the holding company right of control of the Indian company nor can it be stated that the same constitutes extinguishment and transfer of an asset/ management and control of property situated in India..... - SC en-us Fri, 20 Jan 2012 23:44:16 +0530 Fri, 20 Jan 2012 23:44:16 +0530 TaxTMI RSS Generator Supreme Court: Offshore share transfer by telecom firm doesn't extinguish control over Indian subsidiary. No asset transfer involved. https://www.taxtmi.com/highlights?id=2725 Vodafone's case - Transfer of the foreign holding company’s share off-shore, cannot result in an extinguishment of the holding company right of control of the Indian company nor can it be stated that the same constitutes extinguishment and transfer of an asset/ management and control of property situated in India..... - SC Highlights Income Tax Fri, 20 Jan 2012 23:44:16 +0530 https://www.taxtmi.com/highlights?id=2725