Vodafone Group has won a long pending arbitration case against the Indian government relating to retrospective taxation under which the income tax department had raised a demand of around Rs 22,000 crore on the British telecom major. Ruling in favour of Vodafone Group, the Permanent Court of Arbitration in Hague stated that the Indian tax department’s conduct of imposing a tax liability along with interest and penalties was in breach of guarantee of fair and equitable treatment of the terms laid out in the bilateral investment treaty between the Netherlands and India. Confirming the ruling in favour of the company, Vodafone Plc in a statement to FE said, “Vodafone confirms that the investment treaty tribunal found in Vodafone’s favour. This was a unanimous decision, including India’s appointed arbitrator Rodrigo Oreamuno.