Cairn and Air India in a joint request to US District Judge Paul Gardephe on September 13 stated that a stay on proceedings would give them...

The offer to return money seized to enforce retrospective tax demand in lieu of dropping all litigations against the government "is accepta...

Senior Cairn Energy executives are expected to meet finance ministry officials this week to discuss their tax dispute, days after Parliamen...

With New Delhi refusing to pay and instead challenged the award before a court in The Netherlands, Cairn has got the order registered in se...

Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal ...

Britain's Cairn Energy Plc has secured a French court order to seize about 20 Indian government properties in France to recover a part of U...

Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by...

In December, an arbitration tribunal ruled in favour of Cairn Energy in a six-year-old retrospective tax dispute and ordered the Indian gov...

Cairn Energy has said that its legal cost in an arbitration against the Indian government has tripled in 2018.

The Income Tax Department has also seized Rs 1,140 crore of dividend due to the British company as well as Rs 1,590 crore of tax refund in ...

Cairn had initiated an international arbitration after government in 2014 demanded Rs 10,247 crore on a decade old internal reorganisation ...

Cairn in its plea has challenged the Income Tax Appellate Tribunal's March 9 order by which the UK-based company was held liable to pay Rs ...

The I-T department is also seeking up to 300 per cent of the principal as penalty for non-payment.

Cairn failed to pay Rs 10,247 cr capital gains tax on time. The Income Tax Act provides for penalties of 100 per cent to 300 per cent of th...

Cairn Energy Plc faces up to Rs 10,247-crore penalty over and above the Rs 29,000 crore in tax and interest demand slapped on it by the I-T...

Jaitley's proposal to enable corporate taxpayers to settle demands arising out of retrospective amendments may not cut much ice.

Government is hopeful of companies taking advantage of the dispute resolution scheme to resolve cases emanating from retrospective amendmen...