SpiceJet says no default on TDS obligations

Last Updated: Wednesday, July 22, 2015, 21:55

With a Delhi court summoning SpiceJet and its former executives in income tax cases, the budget carrier Wednesday said it has not defaulted on any tax-deducted at source (TDS) obligations.

Vodafone tax case: Govt to soon appoint arbitrator

Last Updated: Thursday, July 9, 2015, 18:29

The government is close to appointing an arbitrator to replace R C Lahoti, who had declined to arbitrate on its behalf in the Rs 20,000 crore tax case with UK telecom major Vodafone.

Cairn names ex-Bulgarian minister arbitrator for tax dispute

Last Updated: Monday, May 25, 2015, 21:23

Cairn Energy of UK has named former Bulgarian minister and lawyer Stanimir A. Alexandrov as its arbitrator for resolution of the Rs 10,247-crore tax demand the Indian government had slapped on it using retrospective taxation.

I-T issues fresh notice to Vodafone seeking returns reassessment

Last Updated: Monday, April 20, 2015, 23:09

Tax authorities have issued a fresh notice to UK-based telecom giant Vodafone seeking reassessment of tax returns for two years.

What security can you give on Rs 20K cr tax demand: HC to Cairn

Last Updated: Thursday, April 16, 2015, 23:45

Delhi High Court today asked Cairn India how it would secure the Rs 20,495 crore demand slapped by the Income Tax department for its alleged failure to pay tax on gains made by its former parent company, Cairn Energy Plc, in a share transfer transaction eight years ago.

Cairn India moves Delhi HC against Rs 20,495 crore tax demand

Last Updated: Monday, April 6, 2015, 20:29

Cairn sought directions to the tax authorities not to take any coercive steps against it for recovery of the demand.

Court issues warrant for Subrata Roy's appearance in IT case

Last Updated: Tuesday, March 24, 2015, 19:20

A Delhi court on Tuesday issued warrant for the appearance of Sahara Chief Subrata Roy, now lodged in Tihar Jail, in an Income Tax case in which he has been accused of not filing returns for a group company for the 2013-14 assessment year.

No retro tax but Cairn is legacy issue: Jaitley

Last Updated: Sunday, March 15, 2015, 16:59

Finance Minister Arun Jaitley concluded his two-day visit here with a message to the global investing community that India`s stated position now was not to impose any retrospective tax but that the one slapped on Cairn was a "legacy" issue.

British foreign secretary seeks India assurance after $1.6 billion Cairn tax case

Last Updated: Thursday, March 12, 2015, 20:10

British Foreign Secretary Philip Hammond raised concerns in India on Thursday over a $1.6 billion retrospective tax bill charged to British oil explorer Cairn Energy hours before he arrived in the country seeking to improve business ties.

Vodafone tax case could have been handled differently: Prasad

Last Updated: Thursday, March 12, 2015, 17:24

As the government faces yet another arbitration over tax disputes, Telecom Minister Ravi Shankar Prasad Wednesday said the Vodafone tax issue could have been handled differently but emphasised that the whole taxing scenario in India should not start with and end with Vodafone.

Complexities, spectrum cost make India a difficult place: Vittorio Colao

Last Updated: Monday, March 2, 2015, 23:05

Complexities in India as also high cost of spectrum and taxes make the country a difficult place to do business, Vodafone Group CEO Vittorio Colao said Monday.

Vodafone Group's board to meet today in Delhi

Last Updated: Saturday, January 31, 2015, 08:46

UK-based telecom giant Vodafone Group will hold a board meeting in the capital Saturday where it is likely to discuss topics ranging from review of its Indian business to provisioning of funds for the upcoming spectrum auction.