Tax relief: Nokia’s Chennai workers look forward to joining Microsoft
Firstpost Workers of Nokia’s Chennai’s plant welcomed the Delhi High Court order that has paved the way for the sale of the assets of the Finnish firm in India to Microsoft. The court had restrained the company from...
Legal views on India allowing Nokia to transfer Chennai factory to Microsoft
Vc Circle The tax administration could have sought a charge and permitted Nokia to transfer the asset. The Delhi High Court has accepted an appeal by Finland-based Nokia Inc to lift the freeze on the company’s factory at Chennai...
Nokia allowed to sell Chennai factory to Microsoft
Mint Nokia Oyj is now free to sell its Indian assets to Microsoft Corp. as part of a $7.2 billion sale of its global mobile phone business, after the Delhi high court ordered India’s income-tax (I-T) department to unfreeze the...
Court allows Nokia sale on parent’s guarantee
Financial ExpressIn case Nokia India loses case, tax liability will be Nokia Finland’s In a major relief for Nokia India, the Delhi High Court on Thursday lifted the freeze on the assets of its phone manufacturing facility in...
HC asks I-T to unfreeze Nokia’s Chennai plant
Business Standard Tax case continues but firm’s deal with Microsoft to go through WEAK SIGNALS Nokia tax case so far Jan 2013: I-T dept asks Nokia India to clarify on non-payment of TDS on software supplies and change in...
Nokia wins reprieve in India tax battle
Financial Times Nokia has won a crucial reprieve in its tax battle with India’s government, with a court in New Delhi ruling that the Finnish group can transfer its assets in the country as part of its €5.4bn phone business sale...
Nokia’s India tax bill could rise to $3.4 billion, lawyer says
Mint, Bloomberg The IT department may add penalties, interest to its current Rs2,080 crore tax demand Nokia Oyj could face an increased tax bill of Rs21,000 crore ($3.4 billion) over a dispute with India’s authorities, according...
Vodafone writ disposed and not dismissed
Whereas we still need to read the order and analyze, I was to first correct the media headline of some who instantly reported the news. There is fundamental difference between dismissal and disposal of writ. The operative part of...
Recommended as a leading lawyer in India by Asialaw Leading Lawyers 2014
Recommended as a leading lawyer in India by Asialaw Leading Lawyers 2014 Asialaw Leading Lawyers is one of the leading surveys of Asia-Pacific focused on private practitioners and a comprehensive resource for corporate counsel...
Cyprus faces heat over tax treaty
Business Standard India’s action is a significant step for compliance with international transparency standards on exchange of information Last week, India took a tough stance exercising its legislative powers for promoting...