Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Mar 28, 2013

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

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 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

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search