Tax evasion case against SpiceJet deferred

New Delhi, Sep 21 (IANS) A court on Monday deferred the tax evasion case against SpiceJet, its ex-chairman Kalanithi Maran and another top former company official for November 6 after it was informed that proceedings have been stayed by the Delhi High Court.

Additional Chief Metropolitan Magistrate Pritam Singh directed Income Tax (IT) department to supply documents to the accused and posted the matter for November 6.

Maran’s counsel informed the court that Delhi High Court on September 18 stayed the proceedings against him and granted him exemption from personal appearance.

Maran, the company and its then managing director S. Natrajhen were summoned by the trial court after taking cognizance on two complaints filed against them by the tax department.

The department alleged that accused has failed to deposit over Rs.147 crore tax deducted at source (TDS) with it.

In one of the complaints, the department said that that the company had made payments to its deductees and deducted TDS against various payments to the tune of Rs.110.6 crore during 2013-14 but failed to deposit this amount within the time frame.

In the other complaint, the department said that company also made payment to its deductees and deducted TDS against various payments to the tune of Rs.36.5 crore during 2014-15 but failed to deposit it in the government account within stipulated period.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here