Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Delhi HC Rules GST Registration Cannot Be Cancelled Retrospectively Without a Clear Show Cause Notice (SCN)
 Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose
 Major Financial Changes from August 1, 2026: ITR Deadline, RBI MPC Meeting, Tatkal Ticket Rules & More
 Government proposes to ease tax relief conditions for offshore funds
 TallyPrime Connected Banking: Automating Banking and Accounting
 ITR Filing Deadline 2026: Is July 31 the Last Date to File Your Income Tax Return? Latest Official Update
 ITR filing deadline nears: How to file income tax return online on e-filing portal - quick 15-step guide
 Will the ITR Filing Deadline Be Extended Beyond July 31 for FY 2025-26? Here's the Latest Update for Taxpayers
 Income Tax Refund Delayed for AY 2026-27? 5 Common Reasons Your Refund May Be Stuck and How to Fix It
 ITR Filing 2026: FM Nirmala Sitharaman Asks Tax Officials to Let Honest Taxpayers Correct Genuine Mistakes
 Will Your FCNR Deposit Stay Tax-Free After Returning to India? Tax Rules Explained for NRIs

Tax tops Vodafone board meet agenda
September, 20th 2007
The board of GSM service provider Vodafone-Essar is expected to discuss the income tax issue at its meeting to be held on Friday.
 
The global chief executive officer, Arun Sarin of Vodafone, is also expected to attend the meeting.
 
The IT department had issued a show-cause notice to Vodafone-Essar asking why capital gains tax should not be levied on Vodafones $11.1 billion deal, when the company acquired 67 per cent stake held by Hong Kong-based Hutchison Telecommunications International in the erstwhile Hutchison-Essar.
 
Vodafone-Essar then filed a writ petition in the Bombay High Court challenging the right of the tax authorities to levy a capital gains tax on the deal. The first hearing of the petition is expected to come up on September 27.
 
According to the sources close to the development, other than the show-cause, the directors would take stock of the companys performance and discuss strategies to turn the company into a leading telecom player in the country.
 
When contacted, top executives of the company declined to comment.
 
They added that this was a routine three-month board meeting and no specific agenda had been set.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2026 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting