Hutch-Vodafone deal: Taxman speaks to NDTV
The taxman has spoken exclusively to NDTV explaining why the tax is being imposed on the Hutch-Vodafone deal.The government's argument is that Vodafone should have deducted tax before making the payment to Hutch, but it did not do so. Meanwhile Vodafone went to court seeking a stay on the tax department's move.
