Tuesday, November 20, 2012

Taxman charting plan to recover dues from Kingfisher Airlines

New Delhi: The Tax Department is working on a comprehensive plan to recover dues from the now suspended Kingfisher Airlines.
It is estimated that the airline owes over Rs 200 crore in taxes.
Praveen Mahajan, Chairman of the Central Board of Excise and Customs (CBEC), said: “Both the Central Board of Direct Taxes (CBDT) and Central Board of Excise and Customs (CBEC) have quantified the amount which Kingfisher owes the government and we will be making out a comprehensive plan to recover tax dues.”
She was talking to reporters on the sidelines of an event organised by the CII here.
20/11/12 Business Line
To Read the News in full at Source, Click the Headline