Cairn refutes Indian tax requests

Oil explorer Cairn Energy yesterday said it has filed a nil return for its 2007 tax year in India and has received two further notices from the country’s income tax department. The Indian regulator had contacted Cairn at the start of the year, as part of the country’s tax crackdown to try to cut its budget deficit. Cairn said it has been compliant with the tax law in force in each year.