Multiple choice

Which of the following telecom companies faced a tax claim of Rs 12,000 crore from Income Tax department recently for not paying capital gains tax for an acquisition it made in 2007?

  1. Reliance Com

  2. Bharti Airtel

  3. BSNL

  4. Tata Teleservices

  5. Vodafone
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

ns tax from the payment made to Hutchison for acquiring the latter's  stake in  an  Indian telecom venture. Vodafone had paid $11.2 billion to acquire Hutch's 67%.

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