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Huawei provided insufficient data to auditor

Huawei appears to be sinking deeper into trouble, as the company’s auditor has told the Income Tax (I-T) Department that the raw ERP data dump provided by the company to the department was ‘insufficient’ to audit its books.

According to the company’s statutory auditor, the raw data dump provided by Huawei Telecommunications (India) had to be reconciled with the company’s financials. According to the I-T department, the “completeness of the ERP also needs to be established by appropriate procedures.” The I-T department also claimed that the auditor’s report backed up its initial claim that Huawei India’s data dump was insufficient to calculate its taxable income.

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