ByteDance says India's freeze on bank accounts is harassment

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MUMBAI: China's ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to ...

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MUMBAI: China's ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, according to a filing seen by Reuters.

In the 209-page court filing lodged on Mar 25, ByteDance told the High Court in Mumbai the authorities acted against the company without any material evidence and gave no prior notice, as required by Indian law, before such"drastic action".Blocking accounts"during the process of investigation amounts applying undue coercion", ByteDance argued. It is"intended, improperly, to harass the petitioner".

ByteDance declined to comment on its court filing but told Reuters on Tuesday it disagrees with the decision of the tax authority. HSBC declined to comment, while Citibank did not respond.ADVERTISING, OTHER DEALS SCRUTINISED ByteDance told the court its India workforce includes 800 people working in its"trust and safety" team that supports activities like content moderation overseas.

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