Latest News on Tax Demand
Showing of 0 - 10 from 16 results
Tax Demand - Total results - 16
Apr 10, 2017
Cairn Energy gets fresh demand notice from tax dept, this time for Rs 10,247 crITAT in its 9 March order held that Cairn Energy was liable to pay tax on the 2006 transfer of India assets to newly created Cairn India, prior to its listing.
Mar 15, 2016
I-T Dept slaps Rs 29,000 crore tax demand notice on Cairn EnergyThe Income Tax Department has slapped on UK's Cairn Energy plc a tax demand notice of over Rs 29,000 crore, including Rs 18,800 crore in back dated interest.
Feb 17, 2016
Vodafone's tax troubles continue as I-T dept asks to pay up Rs 14,300 cr or face asset seizureTax terrorism, which has already taken a toll on investor sentiment, seems to be returning to haunt the multinational companies in India.
Aug 22, 2015
Big boost for market? Govt panel sees no basis for MAT demand on FIIsThe government's stance will be reflected in Castleton case which comes up in the Supreme Court in the last week of September
May 08, 2015
Stung by market fall, govt sets up panel to speed up resolution of FIIs' tax issueSome foreign funds have appealed against the ruling in the Supreme Court
Apr 07, 2015
Cairn India moves Delhi HC over $3.3 billion tax demand from authoritiesCairn India Ltd, India's largest private-sector oil producer, said on Monday it had moved the Delhi High Court against a $3.3 billion tax demand from Indian authorities related to its listing in 2007.
Apr 06, 2015
Tax terrorism strikes again: 100 foreign funds to get demand for $10 bn retro taxThis is the first time since 1993, when FIIs were allowed to invest in the Indian markets, that such investors have been asked to pay MAT
Mar 13, 2015
Taxmen slap Rs 20,495 cr notice on Cairn IndiaThe Income Tax Department has slapped a Rs 20,495 crore tax demand on Cairn India for failing to deduct withholding tax on alleged capital gains made by its erstwhile promoter, Cairn Energy.
Feb 23, 2014
Nirmal Baba slapped with Rs 3.5-cr service tax evasion charge'Daswand'— or the receiving of donations of one-tenth of a devotee's earning — has landed self-styled spiritual guru 'Nirmal Baba' in trouble with a notice having been slapped on him for alleged Service Tax evasion of Rs 3.5 crore.
Dec 27, 2013
Vodafone gets breather from ITAT in tax disputeThe ITAT agreed to a compromise solution offered by Vodafone, wherein the company would pay Rs 200 crore of the demanded Rs 3,700 and offer corporate guarantees for the balance.