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The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

I-T dept sells part of Cairn shares to recover retro tax

The income tax department had seized nearly 10 per cent of Cairn's shareholding.

9 July 2018 12:42 PM IST

Cairn Energy Plc has secured a French court order to seize some 20 government properties in Paris to recover a part of the USD 1.72 billion due from New Delhi.(Photo: Twitter @CairnEnergy)

Cairn wins French court order to seize Indian properties in Paris

Finance Ministry said it has not received any order from any French court and will take appropriate legal remedies after...

9 July 2021 1:22 AM IST

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Monsoon Session of Parliament, in New Delhi, Thursday, August 5, 2021. (LSTV/PTI Photo).

Centre foregoes retro tax power

Introduces Bill to amend Income-Tax law

6 Aug 2021 12:58 AM IST

The short-term capital gain of Rs 24,503 crore at the hand of CUHL was confirmed by income tax tribunal ITAT in March.

Cairn created maze of subsidiaries, taxed Rs 10,247 crore

The income tax department, documents showed, calculated the cost of acquisition as 251.22 million pound.

25 Jun 2017 2:01 PM IST