The mobile handset maker is all set to face contempt charges for failing to comply with the Supreme Court's order seeking a payment of Rs 3,500 crore and an undertaking from the parent company in Finland.
Nokia's tax troubles mount as the tax department is set to initiate contempt proceedings against the company.
The mobile handset maker is all set to face contempt charges for failing to comply with the Supreme Court's order seeking a payment of Rs 3,500 crore and an under-taking from the parent company in Finland.
The apex court had ordered Nokia Finland to give an under-taking over the payment of tax dues. The income tax department claims that Nokia must pay capital gains tax for its India assets.
The solicitor general is finalising the contempt petition against Nokia.
The taxman has attached the company's Chennai factory and Nokia's 7.2 billion dollar deal with Microsoft is yet to be completed.
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