Tax tribunal ITAT as upheld levy of Rs 10,247 crore capital gains tax on UK's Cairn Energy Plc but has held that interest cannot be charged on it as the demand was raised using retrospective tax legislation. ITAT, in an order dated March 9, 2017, held that ... Business Standard, 1 month ago
Cairn liable to pay Rs 10,247 crore capital gains tax, ITAT rules - DNA, 1 month ago
Days before Finance Minister Arun Jaitley is to present his fourth Union Budget, British oil firm Cairn Energy Plc today asked him to use the opportunity to repeal the retrospective tax legislation that continues to create a barrier for international ...DNA, 2 months ago Cairn seeks repeal of retro tax law in upcoming budget Money Control, 2 months ago Cairn urges FM to scrap 'deterrent legislations' India Infoline, 2 months ago
The income tax (I-T) department has once again offered an olive branch to corporates like Vodafone Plc and Cairn India, locked in disputes over retro tax demand. The department has said it will waive off interest liability if they pay the principal demand of ...The Financial Chronicle, 3 weeks ago
Within weeks of tax tribunal ITAT upholding levy of retrospective tax, the Income Tax Department has slapped a fresh demand note of Rs 10,247 crore on British explorer Cairn Energy Plc.DNA, 2 weeks ago Tax dept slaps fresh demand note of Rs 10,247 cr on Cairn Business Standard, 2 weeks ago
India has stuck to its position that non-compliance with tax laws is not covered under international treaties, in its recent response to UK-based energy giant Cairn's arguments in an international arbitration.Besides, the government has argued, the tax ...Business Standard, 1 month ago
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