The framework will embrace the tax division's studying from the Vodafone switch pricing subject where the Bombay High Court had ruled a share sale could not be construed as revenue and, thus, couldn't be taxed. India won't enchantment a Bombay High Court decision that favored British telecom major Vodafone in a transfer pricing case, as the Narendra Modi government looks to send out a powerful signal to the investor community that it is committed to ...
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