Indian court grants no relief to China's ByteDance in tax case

FILE PHOTO: TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken Nov. 27, 2019. REUTERS/Dado Ruvic

An Indian court on Wednesday granted no relief to China’s ByteDance, owner of the TikTok video app, in a case where the company challenged the local tax authority’s decision to block its Indian bank accounts, dealing a blow to its operations.

Indian authorities in mid-March blocked ByteDance‘s bank accounts for alleged tax evasion, prompting the company to ask a court to quash the directive which it feared would hurt its operations.

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