- The income tax department conducted a visit to a factory owned by Lenovo
- During their visit, the tax officials thoroughly examined the laptops belonging to Lenovo employees.
- As well as one of its offices situated in Bengaluru city
- This visit was undertaken as part of an ongoing inquiry
Income tax officials on Wednesday visited a factory of Chinese PC maker Lenovo in the union territory of Puducherry and one of its offices in Bengaluru city as part of an inquiry, two sources told the news agency.
The officials inspected laptops of Lenovo employees during the visit, one of the sources said. They also tried to contact Lenovo’s senior management during and after the visit as part of the inquiry, the person added.
Lenovo, which confirmed the visit, said it was “cooperating with the authorities and will provide all possible support required”.
“We adhere strictly to all applicable laws, regulations, and reporting requirements in every jurisdiction in which we do business,” it said.
The reason for the visit was not immediately clear.
Earlier in the day, Reuters reported that tax officers also visited the facilities of contract manufacturer Flex Ltd in Tamil Nadu state.
Lenovo delivers a full portfolio of PCs and tablets, monitors, accessories, smartphones, smart homes, smart collaboration solutions, augmented and virtual reality (AR/VR), commercial Internet of Things (IoT), software, services, and smart infrastructure data center solutions around the world. Since 1995 it has shipped more than half a billion PCs, and it makes three devices every second.
Lenovo serves more than 180 markets, and owns the majority of its facilities, giving it unrivaled scale, efficiency, and control of its own supply chain. its global manufacturing allows tailored offerings to regional markets and includes more than 30 manufacturing facilities, including in-house, joint venture, original design manufacturer, and contract manufacturer sites in Argentina, Brazil, China, Germany, Hungary, India, Japan, Mexico, and the USA.
(With inputs from agencies)
