Income tax department probes Uber India’s finances; asks Dutch unit for details
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Content TeamImage Credit: economic times
The Income Tax Department has reportedly asked US-based Uber’s Netherland unit– Uber BV to share certain financial information. The department has sought details of transactions with Uber India from FY20 and FY21. The I-T department has launched a probe into the operations of Uber India. The latter claims that Uber India is not a dependent entity of Uber BV, but the department has brought some transactions under the scanner.