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Shell wins $3bn tax battle in Bombay High Court

Screen Shot 2014-10-30 at 09.22.43The Financial Times is reporting:

“Royal Dutch Shell has won a significant victory in its long-running $3bn battle with India’s revenue authorities, in a judgment with implications for dozens of tax disputes involving multinational companies in Asia’s third-largest economy.”

The Narendra Modi government may appeal the decision to the supreme court of India.

Also Reuters Report: Shell wins India tax case

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