I-T Dept slaps Rs 29,000 crore tax demand notice on Cairn Energy
It is the second firm to have received retrospective tax notice this year after Vodafone Group.
Mar 15, 2016, 15:09 PM IST
'Frustrated' by Rs 20,495-crore tax demand on Cairn: Vedanta
With its subsidiary Cairn India facing Rs 20,495-crore tax notice, billionaire Anil Agarwal-led Vedanta Group Sunday said it is "frustrated" by the tax demand raised on it using retrospective legislation.
Jun 14, 2015, 18:21 PM IST
Cairn India shares slip as I-T Dept slaps Rs 20K cr tax demand
Shares of Cairn India Ltd fell by as much as 3.5 percent as the Income Tax Department has slapped a Rs 20,495 crore tax demand on the company for allegedly failing to pay taxes on gains made by its former parent in a share transfer transaction about eight years ago.
Mar 13, 2015, 19:31 PM IST
