The Indian Income Tax Department got leave in May to appeal to the Indian Supreme Court on one of the Vodafone tax cases rule on by the Bombay High Court. The issue if the application of transfer pricing rules on the sale of a call centre business in Ahmedabad, India, and capital gains on surrender of call option rights.
Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com
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