{"id":415802,"date":"2021-05-19T11:08:48","date_gmt":"2021-05-19T05:38:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=415802"},"modified":"2021-05-19T11:08:48","modified_gmt":"2021-05-19T05:38:48","slug":"now-mitsui-arm-challenges-2400-crore-retro-tax-order","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/now-mitsui-arm-challenges-2400-crore-retro-tax-order\/","title":{"rendered":"Now, Mitsui arm challenges 2,400 crore retro tax order"},"content":{"rendered":"<p>NEW DELHI: The government is facing a fresh international challenge to the policy of retrospective tax amendments adopted by it. Now, Earlyguard, a British subsidiary of Japanese conglomerate Mitsui &amp; Co, has commenced arbitration under the India-UK Bilateral Investment Treaty after income tax authorities raised a Rs 2,400-crore demand related to a transaction that took place in 2007.<\/p>\n<p>While Earlyguard commenced arbitration proceeding in February, the Mitsui &amp; Co disclosed the details, while releasing its financial results earlier this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The government is facing a fresh international challenge to the policy of retrospective tax amendments adopted by it. Now, Earlyguard, a British subsidiary of Japanese conglomerate Mitsui &amp; Co, has commenced arbitration under the India-UK Bilateral Investment Treaty after income tax authorities raised a Rs 2,400-crore demand related to a transaction that took place in 2007. While Earlyguard commenced arbitration proceeding in February, the Mitsui &amp; Co disclosed the details, while releasing its financial results earlier this month.<\/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":[194,130,136],"tags":[],"class_list":["post-415802","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415802","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=415802"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415802\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=415802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=415802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=415802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}