ADVERTISEMENT

Weeks After Vodafone, Cairn Wins Tax Case Against Government

Cairn Energy's legal win ends one of the most high profile disputes in the country.
Cairn Energy's legal win ends one of the most high profile disputes in the country.
Cairn Energy has won an international arbitration case against the Indian government over a tax dispute, ending one of the country's highest-profile disputes, two sources with direct knowledge of the matter told news agency Reuters. Cairn took the case to arbitration in 2015 to fight against a demand in 2014 from the Indian tax department for Rs 10,200 crore ($1.4 billion) in taxes it said were owed on capital gains related to the 20...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit