An international arbitration tribunal is hearing Cairn's challenge to the government using a new law that gave it powers to impose tax retr...

The department ordered taking away $104 million dividend due to it from its remaining stake in the erstwhile subsidiary Cairn India.

Cairn Energy has written to an international arbitration tribunal stated that its dividend income from its erstwhile subsidiary Cairn India...

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

The British firm has challenged the Rs 29,047 crore tax notice slapped by I-T department by seeking international arbitration under the UK-...

In February, Income Tax Department had issued a final a tax demand notice of over Rs 29,000 crore, including Rs 18,800 crore in back dated ...

Vedanta had in 2011 acquired Cairn India from its British promoters, and last year proposed to merge the cash-rich firm with BSE-listed Ved...

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...

In the Budget, Jaitley made an offer to waive interest and penalty if the cos against whom tax demands have been made using retrospective t...

The tax demand notice came at a time when the government had insisted that it will not raise any fresh tax demand using retrospective tax l...

India needs to repudiate retrospective tax laws to get the much-needed foreign investments for achieving double digit growth rate, said a $...

Company chief executive Simon Thomson said it wants the government to join the arbitration to arrive at a quick judicial resolution.

" Cairn Energy has decided to file a notice of dispute under the UK-India Investment Treaty over the impasse.

IT department has slapped a Rs 20,495 crore tax demand on Cairn India for failing to deduct withholding tax on alleged capital gains made b...

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 i...

Concerned over the Rs 10,247 crore tax notice slapped on Cairn Energy by Indian authorities, UK today asked India to provide "predictable, ...

Scottish explorer Cairn Energy plc today said it is working with the newly elected government to resolve a tax dispute.