Nokia's India tax demand is Rs 2,080 crore: Court notice

Nokia has been served with a total income tax demand in India of $383 million or about Rs 2080 crore for five fiscal years starting from 2006-07, according to a notice dated March 22 on the Delhi High Court website.

Nokia has been served with a total income tax demand in India of $383 million or about Rs 2080 crore for five fiscal years starting from 2006-07, according to a notice dated March 22 on the Delhi High Court website.

Nokia said on Thursday that tax officials had issued the Finnish mobile phone maker an order and that the Delhi High Court had issued a stay on the demand. Nokia did not specify the amount in the order.

The tax demand was issued on March 15, the Delhi High Court notice said.

Copyright @ Thomson Reuters 2013

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