Business Standard

Revenue tax officers go to the manufacturing facility, Bengaluru workplace of Chinese language firm Lenovo

Two sources instructed Reuters that Indian earnings tax officers visited on Wednesday a manufacturing facility of the Chinese language pc producer Lenovo within the federal territory of Puducherry and one in all its places of work within the metropolis of Bengaluru as a part of an investigation.

One of many sources mentioned that officers checked the laptops of Lenovo workers in the course of the go to. The particular person added that in addition they tried to contact Lenovo’s senior administration throughout and after the go to as a part of the investigation.

Lenovo, which confirmed the go to, mentioned it was “cooperating with the authorities and can present all doable help required.”

“We strictly adjust to all relevant legal guidelines, laws and reporting necessities in each jurisdiction during which we do enterprise,” she mentioned.

The rationale for the go to was not instantly clear.

Earlier within the day, Reuters reported that tax officers additionally visited the amenities of contract producer Flex Ltd in Tamil Nadu state.

(Reporting by Munsif Vengattil in Bengaluru and Aditya Kalra in New Delhi; Modifying by Toby Chopra and Kirsten Donovan)

(Solely the title and picture of this report might have been reworked by Enterprise Normal workers; the remainder of the content material is auto-generated from a syndicated feed.)

First printed: September 27, 2023 | 7:52 pm he

(tags for translation) lenovo

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