India has the option of appealing against the decision of the Hague-based Permanent Court of Arbitration (PCA) at the Singapore-based appellate tribunal. A final call will be taken at the highest political level, one of the persons said.
The income tax department will seek the attorney general’s opinion on what course it should take after having lost the retrospective tax arbitration case against Vodafone Group Plc last week, said sources.
India has the option of appealing against the decision of the Hague-based Permanent Court of Arbitration (PCA) at the Singapore-based appellate tribunal. A final call will be taken at the highest political level, one of the persons said.
“All legal options are open,” the person said, adding that the government’s stand will be decided keeping in mind investors’ rights and interests of the sovereign. https://telecom.economictimes.indiatimes.com
