While it was technically not possible to block the deal, the tax department could resort to arm-twisting. Image: A Vodafone store in central London. Photograph: Alessia Pierdomenico/Reuters. Vodafone Plc’s Rs 14,000-crore tax dispute with the government remains a key risk in the merger of its Indian subsidiary with Idea Cellular. The British telecom company had sought advice on how to deal with the retrospective tax in case it went ahead with the merger, tax experts said. “Apart ... Rediff.com, 1 month ago
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