Cairn Energy's legal cost for fighting retro tax demand nearly triples

Cairn in its latest annual report said administrative expense towards Indian tax arbitration has risen to USD 22.9 million (about Rs 158.4 crore) in 2018 from USD 8.1 million (about Rs 56 crore) in 2017.

from Energy-Industry-Economic Times http://bit.ly/2VpX40Z