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Vodafone Wins India Tax Case, Shares Rise

January 20, 2012

India's tax office has no jurisdiction over Vodafone's purchase of mobile assets in India, the Supreme Court ruled on Friday, in a big relief to the telecom giant that has been fighting a $2.2 billion tax bill in a long-running dispute anxiously watched by foreign investors in India.  

Source: http://www.cnbc.com/id/46068377?__source=RSS*tag*&par=RSS
 
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