The Valley Spectrum
  • Login
  • Top Stories
  • J&K
  • National
  • International
  • Business
  • Editorial
  • Health
  • Sports
  • More
    • Entertainment
    • Technology
No Result
View All Result
  • Top Stories
  • J&K
  • National
  • International
  • Business
  • Editorial
  • Health
  • Sports
  • More
    • Entertainment
    • Technology
No Result
View All Result
The Valley Spectrum
No Result
View All Result

I-T Raids Continue On Chinese Mobile Firms, OPPO Says Cooperating

by VS Desk
December 23, 2021
in National
0
I-T Raids Continue On Chinese Mobile Firms, OPPO Says Cooperating
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

New Delhi: With the Income Tax department conducting searches at several premises of Chinese mobile companies across the nation, smartphone brand OPPO said on Wednesday it will continue to cooperate with authorities as per procedure.

According to sources, the smartphone companies were allegedly violating rules and norms to evade taxes and were on the radar of several probe agencies, including the I-T department.

In a statement to IANS, OPPO said that as an invested partner in India, “We highly respect and abide by the law of the land”.

“We will continue to fully cooperate with authorities concerned as per procedure,” the company added.

Reliable sources told IANS that in the case of Xiaomi, routine IT procedure was being carried on, and there was no I-T raid at its premises or its distributors’ places.

According to an official, basically the manufacturing units were being raided along with a few corporate houses. “Few teams also raided the godowns of the Chinese mobile companies. The officials have recovered incriminating documents,” said the source.

The raids took place at the offices of state-distribution partners of OPPO, including in Hyderabad, the source added.

ZTE, a Chinese firm which deals in telecom equipment manufacturing in Gurugram, was on the radar of the IT department.

The firm was also raided in August this year. “We had recorded the statement of their India head in connection with tax evasion. We had found irregularities on their end. They were concealing information to avoid tax,” said the official.

VS Desk

VS Desk

Next Post
Positive COVID cases will be isolated but matches will continue: CSA medical officer Shuaib Manjra on India tour

Positive COVID cases will be isolated but matches will continue: CSA medical officer Shuaib Manjra on India tour

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

24 Dead In Bihar After Consuming Suspected Spurious Liquor

24 Dead In Bihar After Consuming Suspected Spurious Liquor

2 years ago
HG Units Of Kashmir Gear Up For Any Exigency In Case Of Heavy Snowfall, Road Blockade

HG Units Of Kashmir Gear Up For Any Exigency In Case Of Heavy Snowfall, Road Blockade

2 years ago

Popular News

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Connect with us

  • About
  • Advertise
  • Careers
  • Contact
Call us: +1 234 JEG THEME

Copyright © 2021 The Valley Spectrum. The Valley Spectrum not responsible for the content of external sites.

No Result
View All Result
  • Top Stories
  • J&K
  • National
  • International
  • Business
  • Editorial
  • Health
  • Sports
  • More
    • Entertainment
    • Technology

Copyright © 2021 The Valley Spectrum. The Valley Spectrum not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In