Huawei accused of tax evasion by India, says a authorities supply
NEW DELHI:
An Indian tax investigation on China’s Huawei Technologies has discovered that the telecoms tools maker manipulated account books to cut back its taxable revenue within the nation, an Indian authorities supply instructed Reuters on Thursday.
Without naming the corporate, India’s Ministry of Finance mentioned {that a} vital telecoms group “failed to provide any substantial and appropriate justification” on tax claims throughout revenue tax raids on its workplaces in three Indian cities final month.
A Huawei spokesperson in India didn’t instantly reply to a request for remark.
