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What is Nokia India Transfer Pricing Dispute about?
The Nokia India transfer pricing case involved allegations of tax evasion by Nokia India through the overvaluation of software imports from its parent company, Nokia Oyj, leading to a significant dispute with the Indian Income Tax Department. After several rounds of litigation, the Delhi High Court ruled in favor of Nokia India, stating that the tax authorities failed to prove that the transactions were not at arm
- Author
- prasanta
- Language
- EN