Trial in ~22,100-cr Vodafone tax dispute in February

An international arbitration tribunal in February next year will begin trial on Vodafone’ sch allen ge to India on using a retrospective legislation to seek ~22,100 crore in taxes, the British firm said on Tuesday. The tribunal, headed by Sir Franklin Ber man, was constituted in June 2016 after Vodafone challenged India using a 2012 legislation that gave it powers to retrospective ly tax deals like Vodafone’ s $11- billion acquisition of 67 percent stake in the mobile phone business owned by Hutchison W ham po a in 2007.