Cairn retro tax case: India to appeal against arbitral award
Government believes that Cairn had set up a tax-abusive structure and did not pay taxes anywhere in the world on the gains that it made in India; it was well within India s sovereign powers to redress the situation
Dipak Mondal | March 10, 2021 | Updated 19:54 IST
India is in the process of filing an appeal against international arbitration award in the Cairn s retrospective tax case, sources close to the development said. However, the sources said that government is not averse to going for a settlement of the tax disputes within the existing legal framework.