Huawei accused of tax evasion by Indian government: Report
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An Indian tax investigation into China`s Huawei Technologies has found the telecoms equipment maker manipulated account books to reduce its taxable income in the country, an Indian government source told Reuters. Without naming the company, the Ministry of Finance said a major telecoms group did not account for income of 4 billion rupees ($52 million) in its books, and showed expenses of 4.8 billion rupees that the firm failed to justify.