Briefly Business: Tax dues: Wipro faces seizure of movable assets

Nov 29 2013, 02:53 IST
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SummaryWipro has been threatened with legal action by authorities for allegedly not paying Rs 16.47 crore property tax.

Bangalore: Wipro has been threatened with legal action by authorities for allegedly not paying Rs 16.47 crore property tax as sought by the Bangalore municipal corporation. Wipro said it is exploring all legal options at its disposal to seek redressal against any such move by the authorities concerned. Bruhat Bengaluru Mahanagara Palike alleged that Wipro had not paid taxes despite repeated notices and has now slapped a final notice, failing which the company faces legal action including seizure of movable property. PTI

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