The issue pertains to sale of call centre business to Hutchison Whampoa Properties India Ltd and the "assignment of call options" to Vodafone International Holdings BV in 2007-08. Red-flagging these transactions, the department had sought to add 8500 cr to the British telecom major‘s taxable income.
Vodafone India non-executive Chairman Analjit Singh, on Monday, met Revenue Secretary Sumit Bose in an attempt to resolve the Rs.11,200-crore tax liability issue related to the British firm‘s acquisition of Indian telecom assets of Hutchison Whampoa.