It has been reported that Vodafone’s appeal has been allowed, the Supreme Court inter alia rejecting the Revenue’s “extinguishment” argument and holding that section 9 is not a “look-through” provision.
We will have an opportunity to discuss this judgment in detail over the coming days once a copy is available.
FDI is way more important than Taxation.an adverse order would create unrest amongst the prospective investors from foreign nations.
Big milestone for international tax transuctions after Aazadi Bachao Case. We need to check and discuss the views considered by our Judges.