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Indian income tax department orders recovery of $104m due to Cairn Energy
2017-06-20 01:00:00| Hydrocarbons Technology
The Indian income tax department (IITD) is set to confiscate a $104m dividend due to Cairn Energy, as the oil and gas major lost an appeal filed before an international arbitration panel seeking protection from the departments move to recover tax.
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Category:Energy and Environment