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News INCOME TAX

  • Nov 09, 2023
  • High Court orders tax refund of over Rs 1k crore to Voda Idea

    The Bombay high court on Wednesday directed I-T authorities to refund Vodafone Idea Rs 1,128 crore paid in taxes in 2016-17, holding an assessment order against the telecom major “unsustainable and time-barred”.
    On August 31, 2023, an assessing officer passed an order against Vodafone Idea, two years after a dispute resolution panel (DRP) issued directions to the company.