2010 (1) TMI 593 - SCH - Income Tax

Doctrine of unjust enrichment - The amount paid by the VODAFONE INTERNATIONAL HOLDINGS under the instruction of the Supreme Court as pre deposit shall not be subject to the doctrine of unjust enrichment - Appeal is disposed of

Summary

The Supreme Court Order in 2010 (1) TMI 593 stated that the Department will not invoke unjust enrichment if they lose the case. The charging of one per cent commission is waived, and the Revenue will coordinate with the Registry for fund transfer to the Income Tax Department.