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A year on, $2.4bn Vodafone SC review flickers back to life

The $2.4bn Vodafone tax-case decided in January, was sought to be reopened in the Supreme Court on Monday by Income Tax (IT) Department counsel solicitor general Rohinton Nariman.

Nariman was arguing for the department in its challenge to a Gujarat High Court (HC) order which had cleared the demerger scheme of Vodafone Essar Gujarat. During arguments, he sought a larger bench to review the January order of the SC which had absolved the British telecom major of the liability to refund over Rs 11,000 crore to the IT department.

He averred before chief justice of India Altamas Kabir’s bench that the case was liable to be reopened on the ground of “non-consideration” since the SC had failed to consider the 100 pages long review petition listing 130 grounds which he had submitted in January. He added that additional documents supporting his case have also come to light, and he will file them soon.

Kabir permitted the department to file these additional documents.

Vodafone’s counsel Salve opposed reopening the case on the ground that the Gujarat HC had already granted relief to the company relying on the SC’s verdict. [Financial Express]

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