Vodafone has recently filed a petition in the Supreme Court against a notice received from the Indian tax authorities initiating penalty proceedings against it. This notice has been issued in respect of the current withholding tax case relating to the Hutchison transaction in 2007, which is currently in front of the Supreme Court.
According to the latest updates, the income tax department has said that it will not oppose VodafoneDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!