I-T notice to Nokia India

The income tax department has issued a fresh tax notice to Nokia India, which, the Finnish telecom firm wants to be included in the ongoing negotiations between India and Finland to resolve the £200 million tax dispute. A senior finance ministry official said the fresh notice was for a “dispute relating to other assessment years, apart from the one being contested currently in ITAT.” The official, however, did not reveal the demand raised or the action that the I-T department has proposed. The department had in 2013 slapped a tax notice of £200 million on Nokia's Indian subsidiary for violating the withholding tax norms since 2006 while making royalty payments to the parent company in Finland.