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Business News/ Companies / Vedanta to file notice of claim in Cairn India tax dispute
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Vedanta to file notice of claim in Cairn India tax dispute

The notice is the first step required before seeking international arbitration under the UK-India bilateral investment treaty

Cairn India received the retrospective tax demand in relation to its 2007 listing in India. Photo: ReutersPremium
Cairn India received the retrospective tax demand in relation to its 2007 listing in India. Photo: Reuters

Vedanta Resources Plc said it would file a notice of claim related to a tax demand of about 20,500 crore that its unit Cairn India Ltd received from the Indian government this month.

The notice is the first step required before seeking international arbitration under the UK-India bilateral investment treaty, London-listed Vedanta said on Friday.

Cairn India received the retrospective tax demand in relation to its 2007 listing in India.

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Published: 27 Mar 2015, 07:30 PM IST
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