Q.3) Examine the implications of retrospective taxation adopted by India by amending Section 9(1)(i) of the Income Tax Act. What should be India’s course of action in the Cairn Energy dispute? (10 Marks)

“Mentor’s Comments” https://indianexpress.com/article/opinion/columns/can-indian-invoke-state-sovereignty-to-prevent-seizure-of-assets-abroad-in-cairn-energy-case-7408514/ https://indianexpress.com/article/opinion/editorials/indian-government-cairn-energy-french-court-7397361/ https://www.hindustantimes.com/analysis/india-s-retrospective-taxation-blunder-is-still-extracting-heavy-costs/story-gg6EfPCj02UKZQdflcKhzK.html In the intro, mention the recent order of a French court to attach Indian assets … Continue reading Q.3) Examine the implications of retrospective taxation adopted by India by amending Section 9(1)(i) of the Income Tax Act. What should be India’s course of action in the Cairn Energy dispute? (10 Marks)