This Article is From Sep 21, 2015

Tax Evasion Case Against SpiceJet Deferred

Tax Evasion Case Against SpiceJet Deferred

Photo for representational purposes only.

New Delhi: A court today 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.

Mr 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.

Mr 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.
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