Kingfisher Airlines says has no dues to tax department

New Delhi: Kingfisher Airlines said on Tuesday that there were no dues to be currently paid to the tax department, after television channels reported that the debt-laden carrier's bank accounts have been frozen over unpaid tax dues.
Kingfisher, owned by liquor baron Vijay Mallya, has been struggling to repay $1.3 billion of loans and has slashed the number of its daily flights, as it seeks cash to continue operations.
29/05/12 Reuters/Economic Times

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Categories: Kingfisher May 2012