Nokia India Pvt ltd so far has not come to the Central Board of Direct Taxes (CBDT) with a concrete proposal to settle its tax row with the department, a senior finance ministry official said on Monday.
“The apex court had asked Nokia India Pvt ltd to come CBDT with a concrete proposal. They (Nokia) have not come to us. The Supreme Court (SC) has dismissed Nokia’s plea. Things stand at that,” CBDT Chairman RK Tewari told reporters here.
Nokia, whose devices and services unit is being bought by Microsoft, is fighting a Rs21,000-crore claim by the Income Tax Department over royalty payments made to its parent company in Finland.