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Cairn Energy gets Rs 10,000 crore notice from Income-Tax Department

ITAT in its March 9 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. It, however, held that interest cannot be charged on it as the demand was raised using retrospective tax legislation.
Bombay HC rules in favour of Vodafone in Rs 8500cr tax case

The Bombay High Court today ruled in favour of British telecoms firm Vodafone in the contentious Rs 8,500 crore transfer pricing case.

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Tax Tribunal

Cairn Energy gets Rs 10,000 crore notice from Income-Tax Department

Bombay HC rules in favour of Vodafone in Rs 8500cr tax case