New Delhi, Sept. 25 -- The Centre will take a decision on further course of action including legal remedies among other options after studying the award and consulting with its counsels after Vodafone won the case against India over a retrospective tax demand of more than Rs 20,000 crore The Permanent Court of Arbitration (PCA) at The Hague.
The Permanent Court of Arbitration (PCA) has ruled that the conduct of India's tax department is in breach of "fair and equitable" treatment.
"The Finance Ministry has said today that it has just been informed that the award in the arbitration case invoked by Vodafone International Holding BV against Government of India has been passed. The Government will be studying the award and all its aspects car...