Cross Boarder transactions are subject to tax in India - HC in Vodafone

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....ross Boarder transactions are subject to tax in India - HC in Vodafone <br>News and Press Release<br>Dated:- 10-9-2010<br><BR>The Bombay High Court has dismissed a petition filed by Vodafone Internati....

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....onal Holdings against the tax department, saying the transaction is chargeable to income tax and the department has the jurisdiction over cross-border mergers since the assets lies in India. See Full....

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.... text of judgment Vodafone International Holdings B.V. Versus Union of India & others [2010 -TMI - 77365 - HIGH COURT OF BOMBAY]<BR> News - Press release - PIB....