Nokia protests tax probe in Chennai as excessive

Finnish phone-maker Nokia said on Tuesday it was protesting against a tax investigation by authorities in Chennai calling the probe that began in January excessive and unacceptable.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Masteryourmoney Earnings
moneycontrol.com

Home » News » Business

Feb 13, 2013, 12.42 PM | Source: Reuters

Nokia protests tax probe in Chennai as excessive

Finnish phone-maker Nokia said on Tuesday it was protesting against a tax investigation by authorities in Chennai calling the probe that began in January excessive and unacceptable.

Like this story, share it with millions of investors on M3

Nokia protests tax probe in Chennai as excessive

Finnish phone-maker Nokia said on Tuesday it was protesting against a tax investigation by authorities in Chennai calling the probe that began in January excessive and unacceptable.

Post Your Comments

Share Cancel

Nokia protests tax probe in Chennai as excessive
Finnish phone-maker Nokia said on Tuesday it was protesting against a tax investigation by authorities in Chennai calling the probe that began in January excessive and unacceptable.

Nokia said it has not yet received any information on potential tax claims, but said it sent letters objecting to the authorities' actions including entering its factory premises.

"As a company with operations around the globe, Nokia believes the actions of the income-tax authorities in Chennai are excessive, unacceptable and inconsistent with Indian standards of fair play and governance," Nokia said in a statement.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Nokia protests tax probe in Chennai as excessive

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login