Tax Dispute

Cairn CEO sets November deadline for government to respond in $5.6 billion tax case

Cairn has initiated an international arbitration seeking $5.6 billion in compensation from the Indian government in case the retrospective tax demand of Rs 29,047 crore is not quashed

Nokia's Chennai unit to be sold unless it resolves Rs 21k cr tax dues

The income tax department has claimed that Nokia owes the government more than Rs 21,000 crore even as the Finnish firm offered to pay over Rs 2,000 crore to Indian authorities in a bid to save its deal with Microsoft.

Nokia's Chennai plant may be excluded from Microsoft deal due to tax tussle

Finnish phone maker Nokia may have to exclude its Chennai plant from the $7.2 billion deal with Microsoft if tax issues facing the India unit are not resolved by next week.

Tax dispute: Nokia asks Delhi HC to release seized Chennai factory

Nokia said on Thursday it has asked the Delhi High Court to help revoke a seizure of its Indian factory by the local tax authorities seeking to resolve the dispute ahead of the sale of its mobile phone business to Microsoft.<br /><br />

Taxmen freeze Nokia's India assets, may affect Microsoft deal

Nokia has been in dispute with the authorities over an income tax bill of Rs 2080 crore, one of several tax disagreements involving foreign companies in India.<br /><br />

Finland seeks negotiated settlement of Nokia tax dispute

The application for negotiated settlement of the tax dispute was filed under the Double Taxation Avoidance Agreement (DTAA) between India and Finland

Vodafone key India exec who worked on tax dispute quits

Vodafone India's External Affairs Director Manu Kapoor, who had worked on the firm's $2.2 billion tax dispute, has quit the company.

After Vodafone, Shell in tax row with India

Tax authorities accused Shell's Indian unit of underpricing a transfer of shares to a related overseas company by about $2.8 billion and thereby evading taxes.

FM confident of resolving Voda tax dispute in a month

Chidambaram said he was seeking to resolve the outstanding tax matter within the month.

'Hopeful' Cairn Energy in talks with Modi government to resolve tax dispute

London-listed oil and gas explorer Cairn Energy PLC said on Thursday that it is working with the newly elected Narendra Modi government to resolve a controversial tax dispute.