The revenue department had raised a tax demand on Cairn UK Holdings for alleged capital gains it made in a 2006 business reorganisation of ...

Post slapping of a Rs 10,247 crore tax demand on UK's Cairn Energy Plc for alleged capital gains made on a 2016 internal reorganisation of ...

Vodafone's tussle began when it acquired a controlling stake in Hutchison Essar in 2007 in a $11.2 billion deal executed overseas. The tax ...

"We can confirm we have filed an application. We have always been confident that no tax liability arose in respect of our acquisition of th...

Meeting the requirements of new legislation that scraps levy of retrospective taxation, the company has given required undertakings indemni...

Vodafone’s tax demand in the tax dispute was validated under section 119, as distinct from the others and therefore a separate set of rules...

Vodafone will have 45 days from the date of notification of these rules to approach the government for settlement. "Rules would be notified...

The rules offer up to 45 days from the date of final notification for litigants to provide an undertaking for settlement, and up to 15 days...

Cairn Energy expects a “near-term” resolution on retrospective tax issue with India and a refund of ₹7,900 crore ($1.06 billion), the compa...

Cairn was levied tax for a 2006 internal reorganisation of India business before listing while Vodafone was charged for not withholding tax...

Cairn had approached the District of Columbia court in February to confirm the arbitration award it had won against India in a retrospectiv...

Cairn had in May asked a US federal court to force Air India to pay a USD 1.26 billion arbitration award the firm had won in December.

The scheme provided for waiver of interest and penalty for retro tax cases only if the company in question withdraws all appeals against th...

The offer to settle the disputes was to end on December 31, but it has now been extended till January 31, said the Central Board of Direct ...

Hasmukh Adhia said that it is up to the companies facing tax demand under earlier retroactive changes to accept the government’s offer or f...

The announcement that the government will not introduce any retro amendment and mechanism to issue clarification on grey areas will certain...