Royal Dutch Shell's (RDS.A, RDS.B) India unit says it will challenge a tax department notice...

|About: Royal Dutch Shell plc (RDS.A)|By:, SA News Editor

Royal Dutch Shell's (RDS.A, RDS.B) India unit says it will challenge a tax department notice which claims that it underpriced a sale of shares to an overseas group company by $2.7B. "Recent media reports on tax evasion are baseless," the company says, without revealing how much it has been asked to pay.