Following the recent cases involving the Chinese smartphone brand Vivo, which is being investigated by the Enforcement Directorate (ED) for alleged money laundering, The Income Tax Department had also accused an Indian unit of Chinese technology firm HUAWEI of repatriating excessive sums to the parent in the payment of dividends, lowering its tax liability here in India. Continue reading “HUAWEI India sent Rs. 750 crore to China: Income Tax dept”