New Delhi: The Income-tax department has conducted searches at multiple premises of Chinese telecom company Huawei in the country as part of a tax evasion investigation. The raids were launched at the company’s premises in Delhi, Gurugram (Haryana) and Bengaluru in Karnataka on Tuesday.
Officials looked at financial documents, account books and company records as part of a tax evasion investigation against the company, its Indian businesses and overseas transactions. Some records have been seized too, news agency PTI quoted officials as saying.
The company said its operations in the country were “firmly compliant” with the law.
“We have been informed of the visit of Income Tax team to our office and also of their meeting with some personnel. Huawei is confident our operations in India are firmly compliant to all laws and regulations. We will approach related Government departments for more information and fully cooperate as per the rules and regulations and follow the right procedure,” the company said in a statement.
The government has kept Huawei out of trials for 5G services.
However, telecom operators have been allowed to source telecom gear from Huawei and ZTE under their old agreements for maintaining their networks but they will need the approval of the government before getting into any new business agreement as per National Security Directive on Telecommunication Sector.
