Arbitration panel to hear Vodafone challenge to Rs 22,100 crore tax in Feb 2019
Updated : May 21, 2018 12:10 AM IST
The tribunal, headed by Sir Franklin Berman, will hear the government's objection to tax matters being covered under the Netherlands-India Bilateral Investment Treaty, which was used by Vodafone to trigger an arbitration over the tax demand, a senior official with direct knowledge of the development said.
Vodafone has challenged India using a 2012 legislation that gave it powers to retrospective tax deals like Vodafone's $ 11 billion acquisition of 67% stake in the mobile phone business owned by Hutchison Whampoa in 2007.
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