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Indian tax notice to Nokia
March 28, 2013, 10:45 am

[Getty Images]

[Getty Images]

India’s tax department has slapped a notice of over $383 million on Finnish mobile firm Nokia for alleged tax violation, reported PTI in India today.

A Delhi Court has put a stay on the order.

Earlier in January, audit firm PricewaterhouseCoopers (PWC), auditors for Nokia India, were summoned by the Indian tax department to appear before it in connection with the alleged tax default by the Finnish handset maker’s plant.

The IT department had on January 8 conducted a survey operation at Nokia’s factory in the southern Indian town of Sriperumpudur and said it had found prima facie defaults in Tax deductions on royalty payments made by the plan to its parent company.

Source: Agencies

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