Last Updated: Tuesday, August 18, 2015, 12:42
The firm said it has initiated arbitration for resolution of the tax demand linked to 2006 reorganisation of Cairn India, its one-time Indian subsidiary with oilfields in Rajasthan.
Last Updated: Monday, June 15, 2015, 16:12
The I-T Department had in March imposed a tax demand of Rs 20,495 crore on Cairn India for failing to deduct withholding tax on alleged capital gains made by its erstwhile promoter, Cairn Energy.
Last Updated: Tuesday, March 24, 2015, 13:52
I-Tax Department says Cairn Energy allegedly made a capital gain of Rs 24,503.50 crore in 2006 while transferring all its India assets to a new company, Cairn India.
Last Updated: Friday, March 13, 2015, 10:59
Cairn India said it does not agree with the tax demand and will pursue all possible options to protect its interest.
Last Updated: Thursday, March 12, 2015, 21:16
Finance Minister Arun Jaitley is likely to face queries over the tax department's Rs 10,247 crore demand notice to UK-based Cairn Energy, when he meets foreign investors in London tomorrow.
more videos >>
