India asks Vodafone to pay taxes or face seizure
India's Income Tax department has issued a notice to the Vodafone Group directing them to pay the disputed ₹14,200 crore tax bill or face seizure of their assets. Vodafone refuses to pay India any taxes for its $11-billion acquisition of CK Hutchison Holdings in 2007 as it was conducted offshore. The dispute is in the middle of international arbitration proceedings.