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Nokia will appeal to the Division Bench of the Madras High Court to overturn the deposit recommendation of the Court's single Bench on Tuesday.
Justice S Rajendran in April 29 order directed the Finnish telecom major to deposit Rs 240 crore or 10 per cent of the total Value Added Tax amount claimed by Tamil Nadu Commercial Department. This was in response to a writ filed by Nokia against the claim.
Nokia welcomes the April 29 ruling of the Madras High Court dismissing the overall claim of the Tamil Nadu tax authorities. Given this ruling, Nokia will now appeal to the Division Bench to overturn the deposit recommendation, says a statement issued by Nokia.
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