Related Post – Top 5 Reliable Web Development Companies in India 2021
Many states of the country have conducted raids against entities affiliated with Chinese mobile phone companies, including Delhi-NCR. Tax evasion is accused of them.
Searches are underway for Xiaomi, Oppo, and OnePlus in 15 places, including Delhi-NCR, Karnataka. Intelligence inputs regarding illegal income and tax evasion are used as the basis for the search operation.
Reports indicate that raids are still being conducted at the offices, warehouses, and distribution partners of Chinese mobile companies. A lot of information about it has not yet been revealed. Earlier this year, the ZTE bases in China were also raided. Tax evasion was also brought to the attention of the Income Tax Department during this time.
Additionally, a Chinese firm doing business with mobile phones, loans, and transportation was also raided last week. Investigative agencies carried out this raid.
Around 11 am, the Income Tax team arrived in Greater Noida, shortly after Oppo opened its Greater Noida office the morning. Outside the office, there are numerous police forces. As of now, no one can leave the office.
The team examines the documents in front of company officials. According to sources, the Income Tax Department recently received allegations that Oppo Company engages in tax evasion and hires locals.