A fresh notice has been issued by Indian tax authorities to Vodafone seeking re-assessment of tax returns for assessment year 2009-2010.

In January, the Narendra Modi-led government had said it would not appeal a regional court ruling in favour of Vodafone in a long-running dispute under which the the British telecoms firm was accused by tax authorities of under-pricing shares in a rights issue.

It is learned that Vodafone has been asked to respond to the fresh notice within 30 days.

However, Indian Finance Minister Arun Jaitley, said: "Barring a case that is pending under that law (Income Tax Act) or another case that has arisen now, I think we've put most issues to rest, as far as retrospective legislation is concerned."

The new government has taken measures to move towards a tax-friendly regime to boost much-needed foreign investment and reduce the tax battles that during the last government embroiled multinationals including Vodafone Group, Royal Dutch Shell , IBM Corp and Microsoft Corp.