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Vodafone-type deals taxed in US, China & Europe: Govt
The drop was mainly due to a retrospective change in depreciation on captive power plants which resulted in an additional charge of Rs 289 crore.
19 Apr 2012, 08:32 PM IST 
A worker assembles an engine inside the Royal Enfield motorcycle factory in Chennai.
Amid intense lobbying by global trade bodies in favour for Vodafone in the Rs 11,000-crore tax dispute case, the Finance Ministry today asserted that similar transactions are taxed in USA, UK and other European nations.
