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ByteDance Calls for India Bank Account Freeze Harassment: Reuters

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ByteDance, the Chinese parent of the video app TikTok, told an Indian court that freezing the government on its bank accounts was harassment and was done illegally, according to a first recording by Reuters

Indian tax authorities in March ordered HSBC and Citibank to freeze the tech company’s bank accounts amid an investigation into its financial relations, Reuters said.

In a challenge to freeze in a court in Mumbai, ByteDance said in a filing filed March 25 the move was without any material evidence and did not give any prior notice as required by Indian law, Reuters reported.

“It is ‘inappropriately intended to harass the applicant,'” the news agency quoted him as saying.

The tax intelligence unit and the finance ministry that oversees it did not respond to Reuters requests for comment over the weekend. The tax agency told ByteDance last year that it had reason to believe the company printed some transactions and demanded excess tax credit, according to the census.

ByteDance declined to comment on her appearance in court, but told Reuters on Tuesday she disagreed with the tax authority’s decision. HSBC declined to comment, while Citibank did not respond, Reuters said.

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