Huawei India urges Delhi HC to allow disbursing payments to overseas suppliers
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Content Team
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Huawei India, an Indian subsidiary of Chinese telecom major Huawei, has urged the Delhi High Court to alter its previous order of restraining repatriation to other countries. The ET report stated that the request has been made on the grounds of Huawei India’s inability to make payments to overseas suppliers. In April, the Income Tax department had found Huawei India manipulating its account books to decrease its taxable income in India.
