News Snapshot:
The comment was made by Li Xiongwei’s lawyer in response to the Income Tax Department's opposition to his bail plea Xiongwei is also seeking to revoke the look out circular issued against him. However, the I-T Department has contended that it would "be very difficult" to bring him back if he goes to China The I-T Department has accused Huawei of tax evasion by manipulating its account books to reduce its taxable income Li Xiongwei, the CEO of Chinese telecom company Huawei Telecommunications (India), reportedly told a Delhi court on Friday, “I am a Chinese (national) and not a terrorist.”...
