I Am A Chinese And Not A Terrorist: Huawei CEO Tells Court

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SUMMARY

The comment was made by Li Xiongwei’s lawyer in response to the Income Tax Department’s opposition to his bail plea

Xiongwei is also seeking to revoke the look out circular issued against him. However, the I-T Department has contended that it would “be very difficult” to bring him back if he goes to China

The I-T Department has accused Huawei of tax evasion by manipulating its account books to reduce its taxable income

Li Xiongwei, the CEO of Chinese telecom company Huawei Telecommunications (India), reportedly…



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I Am A Chinese And Not A Terrorist: Huawei CEO Tells Court


SUMMARY

The comment was made by Li Xiongwei’s lawyer in response to the Income Tax Department’s opposition to his bail plea

Xiongwei is also seeking to revoke the look out circular issued against him. However, the I-T Department has contended that it would “be very difficult” to bring him back if he goes to China

The I-T Department has accused Huawei of tax evasion by manipulating its account books to reduce its taxable income

Li Xiongwei, the CEO of Chinese telecom company Huawei Telecommunications (India), reportedly…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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