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I-T Dept slaps Rs 29k cr tax demand notice on Cairn Energy

  The Income Tax Department has slapped on UK's Cairn Energy plc a tax demand notice of over Rs 29,000 crore (Rs 290 billion), including Rs 18,800 crore (Rs 188 billion) in back dated......

Will seek $600 mn from India in damages: Cairn Energy

  British oil firm Cairn Energy plc on Tuesday said it will seek from India over $600 million in damages for loss it suffered in value of its holding from a Rs 10,247-crore (Rs......

India Inc's honeymoon with Modi govt already over?

Legal moves by JSPL, BALCO, Cairn PLC, espionage arrests show growing discontent in India Inc Image: The distance between the government and India Inc became wider. Photograph: Reuters. Trust......

Vedanta to file notice of claim in Cairn India tax case

Vedanta Resources Plc said it would file a notice of claim related to a tax demand of about  Rs 205 billion ($3.29 billion) its unit Cairn India Ltd received from the Indian government this......

Cairn Energy lays off 40% staff following India tax dispute

Scottish oil and gas explorer, Cairn Energy plc has sacked nearly 40 per cent of its employees as it faces capital constraints on not being able to sell $1 billion worth of stake, following a tax......
  Web results for Cairn Plc
I-T offers to waive Vodafone, Cairn India’s interest liability

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... ...

http://www.mydigitalfc.com/news/i-t-offers-waive-vodafone-cairn-india%E2%80%99s-interest-liability-155
Centre says tax rows can't be settled in global arbitration

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... ...

http://www.business-standard.com/article/economy-policy/cairn-dispute-centre-says-tax-rows-can-t-be-settled-in-global-arbitration-117032301110_1.html
ITAT

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... ...

http://www.business-standard.com/article/pti-stories/cairn-liable-to-pay-rs-10-247-cr-capital-gains-tax-itat-117031000785_1.html
Cairn Energy wants Jaitley to repeal retrospective tax

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... ...

http://www.dnaindia.com/money/report-budget-2017-cairn-energy-wants-jaitley-to-repeal-retrospective-tax-2296062

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