Business Videos

Civic authorities send Property Tax Notice to Wipro

Jan 19 2013 00:00 IST
Bangalore civic authorities have sent a property tax notice to Wipro Ltd, asking the software major to pay dues of more than Rs 19 crore along with interest or face severe legal measures to recover them. According to tax officials the dispute is with regard to its corporate headquarters at Doddakannelli village, the Bruhat Bengaluru Mahanagara Palike (BBMP) has held the company accountable to pay the tax on the parameter of Rs 20 per square feet. As per media reports senior financial officers have denied the charges stating that the New York Stock Exchange-listed firm has already cleared its dues.