Income tax raids on Chinese mobile companies across the country; As soon as 'this' secret information comes to hand ..
The income tax department has hit Chinese mobile companies hard. Chinese mobile companies have been raided in several parts of the country since this morning. This action is being taken in the case of tax evasion.
Income tax department slams Chinese mobile companies
Simultaneous raids across the country, including Mumbai and Delhi.
Major action of income tax department in tax evasion case.
The income tax department has dealt a major blow to leading Chinese mobile companies in tax evasion cases. It is learned that raids have been carried out on the premises of Chinese mobile companies in Delhi, Mumbai and other major parts of the country since 9 am today.
It was found that large scale tax evasion was taking place by Chinese mobile companies operating in India. On that basis, the Income Tax Department today simultaneously raided the premises of Chinese mobile companies across the country. The operation was started at 9 am today. The Income-tax team is said to have carried out raids in Delhi, Noida, Gurugram, Mumbai, Hyderabad and Bangalore and other places.
Oppo Mobile Company as well as its vendors have been raided in Delhi. The ZTE vendor, which is controlled by the Chinese government, has also been hit. The Income-tax department has come across evidence that Chinese companies are evading taxes by showing fake companies, and today's raid is likely to uncover important evidence in this regard. The sellers and distributors of these companies have also been found under suspicion and have also been slapped.
Impressions are gained in more than 24 places across the country
The income tax department has hit out at leading Chinese mobile companies. These include Oppo, Xiaomi and One Plus. The raids were carried out in at least 24 places including Mumbai, Delhi, Bangalore, Greater Noida, Kolkata, Guwahati, Indore and others. Secret information was received that Chinese companies were committing massive tax evasion. Sources said that the action was taken on the basis of further evidence. Important digital data has been seized in the operation and no further details will be released immediately, the sources said.