Hyderabad: Low-cost airline SpiceJet is under the scanner of the income
tax (I-T) department for suspected violations of TDS (tax deducted at
source) and non-distribution of Form-16 to its employees, a Central
Board of Direct Taxes (CBDT) official said on Friday.
“Action is to recover the tax, then penal interest and some penalty will be there," CBDT Chairman K V Chowdary told reporters here.
He was responding to queries on reports of non-disbursement of Form-16 by the Kalanithi Maran-controlled loss-making carrier.
Chowdary declined to reveal the due from the airline to the I-T department.
A SpiceJet spokesperson had said: "These matters are privileged and cannot be discussed in the media."
The department is currently looking into "violations of TDS", Chowdary said.
Meanwhile, the Directorate General of Civil Aviation (DGCA) has also ordered an engineering audit of the airline after the carrier is said to have found it difficult to provide equipment to operate some flights.
Read news in full 23/08/14 PTI/Business Standard
“Action is to recover the tax, then penal interest and some penalty will be there," CBDT Chairman K V Chowdary told reporters here.
He was responding to queries on reports of non-disbursement of Form-16 by the Kalanithi Maran-controlled loss-making carrier.
Chowdary declined to reveal the due from the airline to the I-T department.
A SpiceJet spokesperson had said: "These matters are privileged and cannot be discussed in the media."
The department is currently looking into "violations of TDS", Chowdary said.
Meanwhile, the Directorate General of Civil Aviation (DGCA) has also ordered an engineering audit of the airline after the carrier is said to have found it difficult to provide equipment to operate some flights.
Read news in full 23/08/14 PTI/Business Standard
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