{"id":303000,"date":"2019-11-27T11:07:28","date_gmt":"2019-11-27T05:37:28","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303000"},"modified":"2019-11-27T11:07:28","modified_gmt":"2019-11-27T05:37:28","slug":"taxman-seeks-investment-details-of-mauritius-co-in-nupower","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/taxman-seeks-investment-details-of-mauritius-co-in-nupower\/","title":{"rendered":"Taxman seeks investment details of Mauritius co in NuPower"},"content":{"rendered":"<p>MUMBAI: Indian tax officials have written to the Mauritius authorities asking for details of investments of about Rs 50 crore by Firstland Holdings in Deepak Kochhar-owned NuPower Renewables Pvt Ltd. in 2011, hoping to obtain fresh information that would allow them to reopen assessments of the Indian company\u2019s accounts.<\/p>\n<p>The tax department wants to ascertain whether the Rs 49.9 crore invested by Mauritius-based Firstland Holdings in 0.001% compulsory cumulative preference shares issued by NuPower Renewables was a genuine transaction, people familiar with the developments said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Indian tax officials have written to the Mauritius authorities asking for details of investments of about Rs 50 crore by Firstland Holdings in Deepak Kochhar-owned NuPower Renewables Pvt Ltd. in 2011, hoping to obtain fresh information that would allow them to reopen assessments of the Indian company\u2019s accounts. The tax department wants to ascertain whether the Rs 49.9 crore invested by Mauritius-based Firstland Holdings in 0.001% compulsory cumulative preference shares issued by NuPower Renewables was a genuine transaction, people familiar with the developments said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-303000","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=303000"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303000\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}