New Delhi: After the Indian government banned Chinese short video app TicketTock in the country, now its parent company ByteDance is strict. Authorities have frozen the bank accounts of ByteDance in India on charges of tax evasion. For relief in this case, Bydtance has moved the Mumbai High Court and challenged this decision of the government.
ByteDance challenged the government’s decision, urging the Mumbai High Court to dismiss the order as soon as possible. The company said that this decision of the tax department could cause a huge loss to its business. This claim has been made in a report by Reuters.
Bytdance reduced its workforce in India in January after the TicTalk was banned in India. However, the company currently employs around 1300 employees in India, which handles international operations, including content moderation.
