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Chinese tech giant Huawei raided over tax evasion

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New Delhi: The Income Tax department on Wednesday carried out raids at multiple premises linked to Chinese tech conglomerate Huawei across the country in
New Delhi: The Income Tax department on Wednesday carried out raids at multiple premises linked to Chinese tech conglomerate Huawei across the country in connection with alleged tax evasion. A source told IANS that the raids were being conducted in the National Capital Region (NCR), Bengaluru and some other parts of the country. The officials of the IT team scanned a number of account books belonging to the company, according to the source, adding that the financial records of the last three years and company records were also checked. The tax department officials prepared a list of associates, clients and partners of the company which includes its foreign and country based partners. The source said that during the raid, they have recovered a few incriminating documents.

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