Bengaluru: Vijay Mallya, Chairman and Managing Director, Kingfisher Airlines Ltd has approached the Karnataka High Court over a summons issued against him by the Special Court for Economic Offences. These are with regard to an Income-Tax Department criminal case for not remitting the tax deducted at source from employees’ salaries to the government.
In his plea before the HC, Mallya sought to quash the IT criminal case. Justice K.N. Keshavanarayana posted the Mallya’s criminal petition to another hearing on August 26.
The Special Court had issued a summons against Mallya after taking cognizance of the offence under sections 276B and 278B of the I-T Act, 1962, for not remitting Rs 74.94 crore deducted as TDS in 2009-10 fiscal and Rs 23.70 crore imposed as interest for not meeting the stipulated deadline for the payment.
23/08/13 Deccan Chronicle
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In his plea before the HC, Mallya sought to quash the IT criminal case. Justice K.N. Keshavanarayana posted the Mallya’s criminal petition to another hearing on August 26.
The Special Court had issued a summons against Mallya after taking cognizance of the offence under sections 276B and 278B of the I-T Act, 1962, for not remitting Rs 74.94 crore deducted as TDS in 2009-10 fiscal and Rs 23.70 crore imposed as interest for not meeting the stipulated deadline for the payment.
23/08/13 Deccan Chronicle
