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Nokia may end up with smaller bill as overlap of tax cases offers wiggle room in I-T dispute

Dec 11 2013, 10:40 IST
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Nokia India might end up with a smaller tax bill than the Rs 21,153 crore, being claimed as existing and anticipated liability if it agrees to pay taxes on the royalty paid to Finnish parent for seven years from 2006-07. Nokia India might end up with a smaller tax bill than the Rs 21,153 crore, being claimed as existing and anticipated liability if it agrees to pay taxes on the royalty paid to Finnish parent for seven years from 2006-07.
SummaryNokia India might end up with a smaller tax bill than the Rs 21,153 crore.
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