Relief for Huawei in I-T Case: Local Court sets aside summons for Huawei India

Posted on:
Key Points

A sessions court has set aside the orders issued by a magistrate to the Indian unit of Chinese smartphone company Huawei, its chief executive and three other top executives, summoning them to commence prosecution proceedings in a case filed by the Income Tax Department...

In an order that offers a major relief to Huawei India, its CEO Li Xiongwei and the others, the sessions court said summoning of the accused "is a serious matter and should not be done in a mechanical manner"...

The tax department had approached the magisterial court seeking to prosecute the company and the executives on charges of deliberately not providing information sought by it..

In his summoning order, the magistrate had ruled that the executives of Huawei Telecommunications India "deliberately chose to give vague answers to some questions and regarding other questions, the answers given by them were incongruous to each other and it seems that they tried to confuse the authorised officer in order to deny access to the books of account and other documents"...

However, the sessions court in the order earlier this month held that "it is important to understand that the offence alleged against the accused persons is only of not affording necessary facility for inspection of electronic books of accounts or other documents which were in their possession or control..

You might be interested in

NCLT orders refund of IT dues to Cox & Kings

08, Nov, 23

The order comes in response to a plea filed by the liquidator of the company

China-based Huawei gets partial relief from ITAT

04, Apr, 23

Huawei India has been under the scanner of the IT for alleged tax evasion. The department has accused the company of sending over ₹700 crores to its parent in China as dividend, thereby reducing the tax liability.

I-T Department raids Mankind Pharma premises over tax evasion allegations; company says extending full cooperation

11, May, 23

“The Income Tax Department on May 11 conducted raids on the premises of Mankind Pharma over allegations of tax evasion,” official sources said.

Income Tax tribunal dismisses Cong's plea to stop action against bank accounts

08, Mar, 24

Congress's 4 bank accounts were frozen by the income tax department in February. The party moved the tribunal but lost the case on Friday.  | Latest News India

'Does BJP pay?': Income Tax department deducts ₹65 crore from Cong accounts

22, Feb, 24

The Congress has moved the Income Tax Appellate Tribunal (ITAT) against the recovery of the outstanding tax. | Latest News India

Richie rich facing tax cases may be spared court visit

16, Oct, 23

The Calcutta High Court has ruled that individuals facing prosecution by the Income Tax department under the Black Money law will not be required to personally appear in court. Instead, they will need to give an undertaking not to leave the country without permission from the trial court. This ruling is expected to have a positive impact on ongoing prosecution cases related to TDS defaults under the Income Tax Act.

Rolls Royce, Lamborghini found, Rs 4.5 crore seized from tobacco baron's home

01, Mar, 24

The Income Tax Department raided a Kanpur-based tobacco company and its owner's residence in Delhi and seized Rs 4.5 crore.

Maruti Suzuki hit with Rs 2,159 crore Income Tax Draft Assessment Order

03, Oct, 23

Maruti Suzuki, India's leading automobile manufacturer, has received a draft assessment order from the Income Tax department for FY 2019-20, amounting to Rs 2,159 crore. The order proposes certain additions/disallowances to the company's income tax return. Maruti Suzuki plans to challenge the order and stated that it will not impact its financial or operational activities.

Shree Cement shares down 4.4% amid reports of IT department notice of ₹4000 crore

05, Jan, 24

IT department has reportedly impsed ₹4000 crore fine on Shree Cement on making wrongful claims and deductions

Place of control determines a companies tax jurisdiction: Supreme Court

11, Apr, 23

The Supreme Court of India has clarified that merely registering a company in a specific region does not establish the jurisdiction of income tax authorities, since the test lies in the location of management control. If the control and management of the company is with an officer in a particular location, the tax regulations apply accordingly, the court ruled.