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ByteDance Claims Reprieve in India Tax Dispute
TikTok owner
ByteDance Ltd. said on Wednesday an Indian court’s decision will “unblock” its money in the country as it awaits the outcome of a tax evasion probe, following its argument that such a freeze was hurting its ability to operate locally.
The company’s interpretation of the decision by the Mumbai High Court contrasted with a government source cited by Reuters, which believed ByteDance would still be banned from using the funds for other purposes until the money is deposited into a state-owned bank.
The Chinese short-video operator had previously been ordered to deposit $11 million into a state bank, two months after its popular TikTok app was permanently banned in the country. ....

Yang Ge , Anniek Bao , Jitenda Mishra , Honorable High Court , Bytedance Ltd , Mumbai High Court , யாங் கே , ஜித்தெந்ட மிஸ்ரா , சிட்டி வங்கி , கெளரவமான உயர் நீதிமன்றம் , மும்பை உயர் நீதிமன்றம் ,