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Supreme Court agrees to hear Vodafone's plea seeking I-T refund of Rs 4,800 crore

The Supreme Court on Friday agreed to hear Vodafone's plea seeking income tax refund of Rs 4,800 crore. The top court has issued a notice to the taxman and has sought its reply within four weeks. Vodafone had challenged the Delhi High Court's December order which struck down the group's demand for I-T refund. Vodafone had filed a plea before the high court seeking directions to the I-T Department to expeditiously process its refund claim of over Rs 4,800 crore for the assessment years (AYs) 2014-15 to 2017-18.

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