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IT department seeks Chinese telecom giant Huawei – Jammu Kashmir Latest News | Tourism | Latest J&K News – Daily Excelsior

News Snapshot:

NEW DELHI, Feb 16: The Income Tax Department has raided several premises of Chinese telecommunications company Huawei in the country as part of a tax evasion investigation, sources said on Wednesday official. The raids were launched on the company's premises in Delhi, Gurugram (Haryana) and Bengaluru in Karnataka on Tuesday. Sources said officials had reviewed the company's financial documents, books and records as part of a tax evasion investigation against the company, its Indian operations and its overseas transactions. Some records were also seized, they said. The company said its operations in the country were "firmly compliant" with the law….

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