An international arbitration tribunal in December last year set aside the levy of capital gains tax, using a 2012 retrospective legislation, on a 2006 reorganization of India business that Cairn carried before listing it on local stock exchanges.
from The Financial Express https://ift.tt/3kF1ak2
Sunday, 29 August 2021
Air India asks US court to dismiss Cairn petition, says it is premature
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