The Delhi High Court on Tuesday sought details of Nokia's offer to the Brazilian Government to settle its tax demand in that country while hearing its plea for lifting of the stay on transfer of its assets here in view of its $7.2 billion global deal with Microsoft.
Nokia India Private ltd's assets and accounts were frozen by the Income Tax department for alleged income tax evasion by the company.The high court had defreezed the company's bank accounts but had upheld the freeze on the transfer of its assets.