Indian Economy·Key Judgments

Overseas Investment by Indians — Key Judgments

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Key Judgments

Vodafone International Holdings BV vs Union of India

2012

This landmark Supreme Court judgment clarified the tax implications of overseas investments and acquisitions by foreign companies in Indian assets. While primarily dealing with…

RBI vs Peerless General Finance and Investment Co. Ltd

1987

Though predating FEMA, this case established important principles regarding RBI's regulatory powers over foreign exchange transactions. The Supreme Court upheld RBI's authority to…