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I-T Dept slaps Rs 29k cr tax demand notice on Cairn Energy

2016-03-16 03:06:57| Energy - Topix.net

Cairn, against whom the I-T Department had on January 22, 2014 issued a draft assessment order of Rs 10,247 crore on alleged capital gains it made in a 2006 reorganisation of its India business, was last month issued a final assessment order. "The assessment order is in the amount of Rs 10,247 crore plus interest back dated to 2007 totalling Rs 18,800 crore and any recovery by the Indian authorities would be limited to such assets," it said.

Tags: notice energy tax demand

 

I-T Dept slaps Rs 29k cr tax demand notice on Cairn Energy

2016-03-15 22:43:20| Oil & Gas - Topix.net

Cairn, against whom the I-T Department had on January 22, 2014 issued a draft assessment order of Rs 10,247 crore on alleged capital gains it made in a 2006 reorganisation of its India business, was last month issued a final assessment order. "The assessment order is in the amount of Rs 10,247 crore plus interest back dated to 2007 totalling Rs 18,800 crore and any recovery by the Indian authorities would be limited to such assets," it said.

Tags: notice energy tax demand

 
 

UPDATE 1-Justice Dept. scrutinizes top U.S. airlines over mail cargo

2016-02-19 19:06:48| Airlines - Topix.net

The U.S. Justice Department has started an investigation into whether top airlines have complied with contracts to carry mail cargo for the U.S. Postal Service, the three biggest U.S. passenger carriers said this week. Delta Air Lines Inc and American Airlines Group Inc have each received a civil investigative demand from the U.S. regulator about the Postal Service mail they carry, spokesmen for the companies said Friday.

Tags: mail top update cargo

 

How Rating System Focused Service Dept. on Consistent Sales Cycle

2016-02-11 00:37:19| AutomotiveDigest.com - Automotive Industry News

One agency in Kansas City developed a 1 to 10 customer scoring system for the service department that informed dealer management how to responded to customer feedback. The Article How Rating System Focused Service Dept. on Consistent Sales Cycle appeared first on Automotive Digest.

Tags: service system rating sales

 

Former chief of Michigan's Dept. of Environmental Quality's Water Unit fired

2016-02-06 08:01:49| Waste Management - Topix.net

Michigan Governor Rick Snyder's office has announced the firing of the former head of the Drinking Water and Municipal Assistance unit for the state Department of Environmental Quality . A written release from the governor's office states the person was fired following "a departmental review of circumstances during the time period leading to the Flint water crisis."

Tags: water unit chief environmental

 

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