Crackdown on China's Huawei; I-T raids on telecom firm over alleged tax evasion

Income Tax authorities have conducted searches at premises of Chinese telecom firm Huawei. Raids conducted at Huawei premises in the Nat'l Capital, Millennial City Gurugram & I.T. Capital Bengaluru. As per reports, Taxmen looked at various documents pertaining to the financial dealings of the Chinese firm. Huawei is facing a tax investigation, I-T lens on the Chinese firm's Indian businesses & transactions abroad.