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Mumbai HC says ByteDance must deposit $11 million in tax evasion case

Mumbai HC says ByteDance must deposit $11 million in tax evasion case An Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts of ByteDance India as it probed some of the firm s financial dealings. ByteDance challenged the move in court PTI | April 6, 2021 | Updated 18:41 IST ByteDance has said in court it does not owe the tax government is demanding and does not agree with the tax authority s decision to freeze its accounts An Indian court on Tuesday said China s ByteDance must deposit around $11 million that federal authorities believe the company owes in an alleged case of tax evasion, a setback for the firm which wanted to unblock its bank accounts to pay salaries.

New delhiJitendra mishraHigh courtBytedance indiaபுதியது டெல்ஹிஜிதேந்திரா மிஸ்ராசிட்டி வங்கிஉயர் நீதிமன்றம்

India court says ByteDance should deposit US$11 million in tax evasion case

India court says ByteDance should deposit US$11 million in tax evasion case Toggle share menu Advertisement India court says ByteDance should deposit US$11 million in tax evasion case An Indian court on Tuesday dealt a blow to China s ByteDance by dismissing its plea to unblock its bank accounts which have been frozen by federal authorities investigating alleged tax evasion. FILE PHOTO: The ByteDance logo is seen in this illustration taken, Nov. 27, 2019. REUTERS/Dado Ruvic/Illustration/File Photo 06 Apr 2021 06:25PM (Updated: 06 Apr 2021 07:55PM) Share this content Bookmark MUMBAI: An Indian court on Tuesday said China s ByteDance must deposit around US$11 million that federal authorities believe the company owes in an alleged case of tax evasion, a setback for the firm which wanted to unblock its bank accounts to pay salaries.

New delhiSanjeev miglaniAditya kalraDavid evansAbhirup royJitendra mishraHigh courtBytedance indiaபுதியது டெல்ஹிசஞ்சீவ் மிக்லானிடேவிட் எவன்ஸ்ஜிதேந்திரா மிஸ்ராசிட்டி வங்கிஉயர் நீதிமன்றம்

India court says ByteDance should deposit $11 mln in tax evasion case

Article content MUMBAI An Indian court on Tuesday said China’s ByteDance must deposit around $11 million that federal authorities believe the company owes in an alleged case of tax evasion, a setback for the firm which wanted to unblock its bank accounts to pay salaries. An Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts of ByteDance India as it probed some of the firm’s financial dealings. ByteDance challenged the move in court saying the freeze amounted to harassment and was done illegally. We apologize, but this video has failed to load. Try refreshing your browser, or

Jitendra mishraHigh courtBytedance indiaஜிதேந்திரா மிஸ்ராசிட்டி வங்கிஉயர் நீதிமன்றம்

India court says ByteDance must deposit $11 million in tax evasion case

India court says ByteDance must deposit $11 million in tax evasion case By Abhirup Roy and Aditya Kalra FILE PHOTO: ByteDance logo is seen in this illustration MUMBAI (Reuters) – An Indian court on Tuesday said China’s ByteDance must deposit around $11 million that authorities believe the company owes in an alleged case of tax evasion, a decision the government said bars the firm from using existing bank funds for other purposes. An Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts of ByteDance India as it investigated some of the firm’s financial dealings. ByteDance challenged the move in court saying the freeze amounted to harassment and was done illegally.

New delhiSanjeev miglaniAditya kalraBarbara lewisDavid evansAbhirup royJitendra mishraHigh courtBytedance indiaReuters bytedanceபுதியது டெல்ஹிசஞ்சீவ் மிக்லானிபார்பரா லெவிஸ்டேவிட் எவன்ஸ்ஜிதேந்திரா மிஸ்ராசிட்டி வங்கி

Bombay HC says ByteDance should deposit Rs 79 cr in tax evasion case

Bombay HC says ByteDance should deposit Rs 79 cr in tax evasion case
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New delhiJitendra mishraBombay high court onHigh courtBombay high courtBytedance indiaபுதியது டெல்ஹிஜிதேந்திரா மிஸ்ராசிட்டி வங்கிகுண்டு உயர் நீதிமன்றம் ஆன்உயர் நீதிமன்றம்குண்டு உயர் நீதிமன்றம்