In a major relief for Nokia India Private Ltd., the Madras High Court on
Tuesday April 29,2014 set aside the Commercial Taxes Department’s order imposing a
total tax of Rs. 2,400 crore on the company for three assessment years
from 2009-10.
While remanding the matter back to the CTD for fresh consideration by
affording an opportunity of personal hearing to the company, the court
directed the Nokia India to deposit 10 % of the total tax demand
(Rs.240 crore) which has to be deposited within eight weeks,as a pre-condition for reviving the orders of assessment
In the meantime, the company should submit all the documentary evidence
for department’s consideration.
The department should peruse the
documents and pass orders.
Justice B. Rajendran passed the judgment on
petitions by the company challenging the validity of the orders of
assessment dated February 28,2014 for the three years.
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