COMPANIES

No Data Found

NEWS

No Data Found
Advertisement
Indian tax officers visit Lenovo's factory, Bengaluru office

Indian tax officers visit Lenovo's factory, Bengaluru office

During their visit, the tax officials thoroughly examined the laptops belonging to Lenovo employees.

Business Today Desk
Business Today Desk
  • Updated Sep 27, 2023 10:54 PM IST
Indian tax officers visit Lenovo's factory, Bengaluru officeLenovo
SUMMARY
  • Indian income tax department conducted visit to factory owned by Lenovo
  • As well as one of its offices situated in Bengaluru city
  • This visit was undertaken as part of an ongoing inquiry

Officials from the Indian income tax department conducted visits to both a factory owned by Lenovo, the Chinese PC maker, located in the union territory of Puducherry, as well as one of its offices situated in Bengaluru city on Wednesday. This visit was undertaken as part of an ongoing inquiry, according to two sources who spoke with Reuters.

Advertisement

During their visit, the tax officials thoroughly examined the laptops belonging to Lenovo employees, as disclosed by one of the sources. Additionally, they made efforts to establish contact with Lenovo's senior management both during and after the visit, as part of their investigative efforts, the source further revealed.

Lenovo, in response to these developments, confirmed the visit and expressed its commitment to cooperate fully with the authorities, providing any necessary support. The company stated, "We adhere strictly to all applicable laws, regulations, and reporting requirements in every jurisdiction in which we do business."

Also Read NASA astronaut returns to Earth after 371 days; here's all the records he broke

The specific reason for the tax officials' visit was not immediately evident.

Advertisement

Earlier on the same day, Reuters had reported that tax officers had also visited the facilities of contract manufacturer Flex Ltd in the state of Tamil Nadu.

Also Read  

Apple iPhone 15's USB-C port will be able to charge Apple Watch and AirPods

Chandrayaan-3: No signals from Vikram lander and Pragyan rover; efforts to establish contact continue

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

Published on: Sep 27, 2023 9:49 PM IST
Post a comment0