Government strict on Chinese company Huawei, IT department raided on charges of tax evasion

Government strict on Chinese company Huawei, IT department raided on charges of tax evasion

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New Delhi. The Income Tax Department has raided the premises of Chinese telecom company Huawei in India as part of the investigation of tax evasion. Official sources gave this information on Wednesday. According to the information, raids were conducted on the premises of the company in Delhi, Gurugram (Haryana) and Bangalore on Tuesday.

Sources said officials looked at financial documents against the company, its Indian businesses and foreign transactions as part of a probe into alleged tax evasion, adding that some records have also been seized. However, the company said that its operations in the country are going on with full compliance with the law.

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The Chinese telecom company said in a statement, “We have been informed about the income tax team coming to our office and interrogating some employees. Huawei trusts that our operations in India are compliant with all laws and regulations. We will contact the concerned government departments for more details and will cooperate fully as per the rules and follow the correct procedure.”

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Recently, Huawei got an order of about Rs 150 crore from Airtel
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Tags: income tax, income tax department

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