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The Supreme Court has rejected Vodafone’s plea to stay the High Court’s judgement saying that the operator would have to deposit 50 per cent of the pending tax amount first. It has also issued notices to the tax authorities directing them to decide the operator’s liabilities within four weeks.
“Pending the hearing and further orders, we direct the TDS officer to decide within four weeks from today on the tax liability,” a bench headed by Chief Justice S H Kapadia said while issuing a notice to the IT department.
The court has scheduled the next hearing on the matter on October 25 and said on the basis of this order, liberty was given to the petitioner (Vodafone) to approach the court for remedial measures.