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HUAWEI TAX EVASION
IT dept searches premises of Lenovo on evasion chargesOfficials also conducted a tax survey at the facilities of one of the vendors of Lenovo, official sources said. These searches were made in...- Vodafone Idea awards Rs 200 cr-network order to Chinese firm ZTENotably, ZTE hasn't been given the trusted sources approval by the designated authority, the National Security Council Secretariat (NSCS). ...
- China-based Huawei gets partial relief from ITATHuawei India has been under the scanner of the IT for alleged tax evasion. The department has accused the company of sending over ₹700 cror...
- Huawei, ZTE India units face staff exodus as business takes a hitAmid India-China border tensions, New Delhi cited cybersecurity concerns while issuing a directive last year that required all telecom equi...
- HC upholds order quashing lookout circular against Huawei India CEOHowever, the high court in its order on Tuesday imposed more conditions to permit Li travel abroad. He must make a fixed deposit of ?5 cror...
- Zomato stock tanks 11% as lock-in expires; Honor pulls India teamOn Monday, Zomato’s shares plunged more than 11%, dragging its market cap below its last private valuation.
- Chinese smartphone giant Honor pulls out team from India: ReportHonor’s India business to be managed by local partners amid tightening scrutiny of Chinese smartphone makers
- Huawei tax case: I-T dept cites auditor to claim data provided by company insufficientTax department: Recorded statement of Huawei India head of tax who said ‘separate database is maintained for inventory’.
- Huawei India sent huge sums to parent even as revenue fell, says tax deptHuawei is one of the Chinese companies whose activities in India are under strict scrutiny. Companies like smartphone manufacturers Vivo an...
- Espionage, profiling and economic control mark Chinese commercial companiesA disturbing picture of Chinese Commercial Entities (CCE) has emerged after a series of actions by Indian authorities since 2020—busting of...
- Illegal activities of Chinese companies in India under lensSeveral Chinese companies in India were found to be involved in tax evasions, according to an investigation launched by security and probe ...
- CBDT claims Huawei manipulated account books to reduce taxable income in IndiaThe CBDT alleged that the group "manipulated its books of account to reduce its taxable income in India through creation of various provisi...
- India has accused Huawei of tax evasion, says government sourceWithout naming the company, India's Ministry of Finance said that a major telecoms group "failed to provide any substantial and appropriate...
- Income Tax department searches Huawei's Bengaluru, Delhi premisesThe operation comes months after a similar action against its Chinese counterpart ZTE. In the case of Huawei too, the department suspects t...
- Huawei's offices searched by taxmen in Delhi, Gurugram, BengaluruDuring the search, taxmen reportedly took a look at various company documents related to financial dealings. Theh company's senior India ma...
- Taxmen raid Oppo, Xiaomi, Rising Star, Dixon officesMore than 20 premises in the National Capital Region, Mumbai, Rajkot and Karnataka linked to Oppo and Xiaomi were searched by the tax depar...
- The year of the scapegoat: Carlos Ghosn, the Indian millennial, and the fall guys of 2019This year has not been kind to the species most preferred for sacrificial offerings.
- What changed your markets while you were sleepingLet's take a look at what might matter on Dalal Street all through the day.
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