Law has to be given effect to: CBDT chairman on Cairn, Vodafone international arbitration cases
NEW DELHI: The government is “examining” the recent international tribunal order passed against India in the high-profile Cairn Energy plc retrospective tax case as CBDT chairman P C Mody said the law in force at that point of time has to been given full effect to.
He said while the government has filed an appeal after a similar verdict was delivered against the country in the Vodafone case, it will soon come out with its decision to go in for an appeal or not in the Cairn case.
“We have already taken a decision in the case of Vodafone to go in for a further appeal. So far as Cairn is concerned, we are examining the issue and very soon we will come out with a decision on that,” the CBDT chief told PTI during an interaction.