https://www.taxtmi.com/news?id=18218 The Income Tax Department ordered coercive recovery of a retrospective tax demand by directing the subsidiary to remit dividends and withhold a tax refund due to the foreign investor, and by moving to attach the investor's remaining shareholding; the investor's injunction request before an arbitration panel was refused and the investor continues a UK India Bilateral Investment Treaty claim for restitution and damages alleging expropriation and unfair treatment. en-us Mon, 19 Jun 2017 16:26:31 +0530 Mon, 19 Jun 2017 16:26:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18218 The Income Tax Department ordered coercive recovery of a retrospective tax demand by directing the subsidiary to remit dividends and withhold a tax refund due to the foreign investor, and by moving to attach the investor's remaining shareholding; the investor's injunction request before an arbitration panel was refused and the investor continues a UK India Bilateral Investment Treaty claim for restitution and damages alleging expropriation and unfair treatment. News - Mon, 19 Jun 2017 16:26:31 +0530 https://www.taxtmi.com/news?id=18218