Supreme Court to hear Nokia’s tax evasion case

http://daily.bhaskar.com/article-dn/MON-supreme-court-to-hear-nokias-tax-evasion-case-4538549-NOR.html

Nokia India is due to be heard by Supreme Court on Monday over the alleged tax evasion case. It is alleged that the Finnish handset company has TDS dues around Rs. 30 billion pending. Nokia had appealed SC on 12 February against Delhi High Court’s decision.
 
Delhi HC imposed new conditions stalling the deal in which Nokia was to transfer its India plant to Microsoft. The mobile major was in the process of selling its handset business to Microsoft. It is in Nokia’s contention that owing to the ruling by Delhi HC, jobs of 30,000 employees are at stake
 

for more news at www.daily.bhaskar.com

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