I-T dept imposes Rs 7,900 crore Penalty on Vodafone For Tax Dues
The Income Tax Department has imposed Rs 7,900 crore penalty on the tax demand of the same amount on a unit of billionaire Li Ka-shing’s CK Hutchison Holdings Ltd. over its decade-old sale of mobile phone business in India to Vodafone Group Plc.
Vodafone had in 2007 acquired 67% stake in the mobile-phone business owned by Hutchison Whampoa, now part of CK Hutchison.
Source- The Hindu
0 Comment to "I-T dept imposes Rs 7,900 crore Penalty on Vodafone For Tax Dues"
Post a Comment