Department had in 2013 slapped a tax notice of Rs 2,000 crore
Finland's Nokia sold its phone business to Microsoft in 2014
New Delhi: The income-tax department has slapped a fresh tax notice on Nokia India, tax authorities said on Friday. The Finnish telecom firm, however, wants the fresh demand to be included in the ongoing negotiations between India and Finland to resolve the Rs 2,000-crore tax dispute.
“Fresh tax demands notice has been served to Nokia India for dispute relating to other assessment years, apart from the one being contested currently in ITAT,” a senior finance ministry official said.
The official, however, did not reveal the demand raised or the action that the income-tax department has proposed. The department had in 2013 slapped a tax notice of Rs 2,000 crore on Nokia’s Indian arm for violating the withholding tax norms.
( Source : PTI )
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