India, Oct. 22 -- The government on Friday asked Vodafone to pay Rs 11,218 crore in taxes within a month for the acquisition of Hutchison's stake in the telecom joint venture in India in 2007.
"The IT department today issued an order raising a tax demand of Rs 11,217.95 crore on Vodafone International holdings BV treating it as an assessee in default. for failure to deduct tax as required before making a payment of USD 11,076 million (about Rs 55,000 crore) to Hutchison Telecommunication International Ltd," an official statement said in New Delhi.
The notice was issued following the Supreme Court directive on 27th September to the IT assessing officer to determine …
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