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British Telecom News

Now, Vodafone takes on I-T dept over transfer pricing
Encouraged by the recent Supreme Court order in its favour, Vodafone Plc is taking on the income tax department, yet again. The British telecom major yesterday moved the dispute resolution panel, seeking relief from an order sent by the I-T department in December. The draft transfer pricing order asked Vodafone to add an additional income of around Rs 8,500 crore to its income from Indian operations. Transfer