SC upholds Rs 1,600 crore tax refund for Vodafone Idea, dismisses SLP
By
Binu Mathew
The Supreme Court on Monday upheld a Bombay High Court order directing the Revenue Department to refund Rs 1,128 crore to Vodafone Idea Limited, along with interest, bringing the total refund to Rs 1,600 crore.
A division bench of Justices JB Pardiwala and R Mahadevan dismissed the Revenue Department’s special leave petition (SLP) challenging the Bombay High Court ruling. The court refused to condone a delay of 295 days in filing the SLP, stating that the delay had not been satisfactorily explained.