Vedanta group entities withdraw multiple tax disputes with Indian govt

With this, the group is a step nearer to closing the dispute on withholdings tax with Cairn India

Anil Agarwal-controlled Vedanta Ltd and its related group entities today said they have withdrawn multiple tax disputes with the Union government. This includes the income tax appeal pending before the Delhi bench of the Income Tax Appellate Tribunal in a matter relating to international taxation. Its parent Vedanta Resources Ltd has also filed the application seeking withdrawal of the claim and termination of the arbitral proceedings pending before the Permanent Court for Arbitration in the International Court of Justice.

With this