Vodafone, Shell may face new tax demands in India Date: 30th January 2014

The article talks the about the fresh orders issued against

Indian units of Vodafone and Shell which can potentially lead

to tax demands for a combined Rs 24,960 crore with a quote

by Mr. Amit Maheshwari, Partner, Ashok Maheshwary &

Associates commenting that such notices will pile up such

cases pending on account of transfer pricing adjustments and

might negatively impact the FDI.