The Enforcement Directorate has rejected claims by Xiaomi Technology India Private Limited, the Indian arm of the Chinese cell phone maker Xiaomi, that royalty payments to the tune of Rs 5,500 crore made by Xiaomi India to three foreign firms since 2016 had been found to be legal by the Income Tax Department in India. […]
The post ED Rejects Xiaomi Claims over clearance of funds by I-T dept appeared first on Gadgets Village.
