Indian tax authorities have asked IBM's local unit to pay 53.57 billion rupees in outstanding income tax on fiscal 2009 revenue, media reported on Saturday.
In an emailed statement, an IBM India spokeswoman confirmed the company had received a tax notice, but declined to comment on the amount of tax liability or the nature of the notice.
The Income Tax office issued the company a notice for under-reporting revenue for fiscal 2009 by the Indian unit, the Business Standard newspaper said, citing a tax official.Now India asked IBM to pay $866 millions tax.
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