I-T Dept conducts raids on 3 premises of Chinese-firm Haier

29 Jul 2023

India

I-T Dept conducts raids on 3 premises of Chinese-firm Haier

As of now, the Income Tax Department has not issued any official statement on the matter.According to the source, the search operations were carried out in Mumbai, Pune, and Noida.The searches, which began early in Friday morning, went on till late in the night.The firm allegedly hid its income, and there were some discrepancies in royalty payments. The I-T teams reportedly checked the accounts and invoices of the last three years.The company has also not made any statement on the matter as of now.--IANSatk/pgh

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)

I-T Dept conducts raids on 3 premises of Chinese-firm Haier

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