Shell challenges India tax demand order in court

The tax demand notice to Shell, sent earlier this year, is part of India's stepped-up enforcement of tax collections

Reuters Mumbai
Last Updated : Apr 25 2013 | 5:56 PM IST

Royal Dutch Shell Plc's India arm has filed a petition in the Bombay High Court challenging the claims by the local tax authorities that a share sale to its overseas parent in 2009 was undervalued by about 152 billion rupees.

The Anglo-Dutch oil company filed the "writ petition" in the Bombay High Court on Wednesday, a company statement said.

The tax demand notice to Shell, sent earlier this year, is part of India's stepped-up enforcement of tax collections and actions against global companies in the country including Vodafone Group Plc and Nokia Oyj .

"Shell has always maintained that it will continue to evaluate all options for redress available to resolve this tax dispute," the company said in a statement on Thursday, without giving details of the tax demand.

 

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First Published: Apr 25 2013 | 5:35 PM IST

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