India will file appeal in Cairn arbitration case
NEW DELHI : India will file an appeal in the Cairn arbitration award case relating to the tax dispute concerning the British oil firm, sources said.
They said Cairn Energy set up “a tax abusive structure” and did not pay taxes anywhere in the world on the gains that it made in India.
The sources told ANI that if enforcement proceedings are initiated, India is confident to address them and will strongly defend its interests.
