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Cairn India tax News

15 Mar 2016

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.

14 Jun 2015

'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.

13 Mar 2015

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.

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