Latest News on Cairn Energy
Showing of 0 - 10 from 35 results
Cairn Energy - Total results - 35
Oct 07, 2017
Apple acknowledges swelling of iPhone 8 and iPhone 8 Plus and says that they are looking into the problemiPhone 8 and 8 Plus went on sale on 22 September. Apple was yet to release figures for the early sales of iPhone 8 and 8 Plus.
Sep 20, 2017
Cairn Energy says final arbitration hearing in Rs 10,247 cr tax dispute case in Aug 2018Cairn initiated arbitration against the government using a new law that gave it powers to impose taxes retrospectively, to slap a tax demand of Rs 10,247 crore on a decade old internal reorganisation of its India unit
Jun 26, 2017
Cairn's Rs 10,247 cr tax dispute: How co created maze of subsidiaries to make capital gainsCairn's case is that none of the 2006 transactions was taxable in India according to the law in force at the time,
Jun 19, 2017
Cairn tax dispute: I-T dept orders coercive action against co to recover Rs 10,000 cr tax paymentI-T order follows an international arbitration panel last week deciding not to entertain a plea by Cairn Energy seeking injunction against the coercive action to recover the tax
Apr 20, 2017
I-T department seeks Rs 30,000 cr penalty from Cairn for non-payment of taxThe Income Tax Act provides for penalties of 100 percent to 300 percent of the tax due, the official said, adding that the notice sent does not mention of the quantum of penalties the tax department is seeking.
Mar 10, 2017
Cairn liable to pay Rs 10,247 cr capital gains tax but not interest on it, says tax tribunal ITATITAT held that Cairn Energy was liable to pay the tax on share transfer it did through an internal reorganisation of its India business in 2006, prior to getting Cairn India listed on stock exchanges
Nov 07, 2016
UK raises Vodafone tax dispute; wants early resolutionBritain's minister for international trade Liam Fox, during his bilateral meeting with Commerce and Industry Minister Nirmala Siatharaman, flagged the Cairn Energy and Vodafone issues, demanding they be resolved expeditiously.
Oct 19, 2016
Govt seeks putting Cairn arbitration on hold in a Rs 29,047 crore retrospective tax demandGovernment has sought putting on hold the arbitration initiated by British oil explorer Cairn Energy against a Rs 29,047 crore retrospective tax demand and instead wants a parallel arbitration initiated by Vedanta Resources to be taken up first.
Aug 25, 2016
Cairn CEO sets November deadline for government to respond in $5.6 billion tax caseCairn has initiated an international arbitration seeking $5.6 billion in compensation from the Indian government in case the retrospective tax demand of Rs 29,047 crore is not quashed
Jul 27, 2016
Govt fixes Dec 31 deadline for retro tax settlement schemeGovernment has fixed December 31, 2016 as the deadline for companies like Vodafone and Cairn Energy Plc to settle their retrospective tax disputes. The one-time offer to settle tax issues by waiving of interest and penalty, if the companies paid up the principal tax amount, had opened on June 1 this year.