Court summons SpiceJet, Kalanithi Maran as accused in IT cases

NEW DELHI, July 21:
Budget carrier SpiceJet Ltd, its Chairman Kalanithi Maran and another top company official have been summoned as accused by a Delhi court in two tax evasion cases for their alleged failure to deposit over Rs 147 crore TDS with the Income Tax (IT) Department.
Additional Chief Metropolitan Magistrate Pritam Singh issued summons to Maran, the company and its Managing Director S Natrajhen after taking cognizance on two complaints filed against them by the IT Department. The court directed them to appear before it August 21.
“From perusal of complaint, materials available on record, testimony of complainant witness 1 and aforesaid discussions, prima facie disclose commission of offence under sections 276B (if a person fails to pay to the credit of central government the tax deducted at source by him ), 278B (offences by companies) … Read with section 278E (presumption as to culpable mental state) of the Income Tax Act for financial year 2013-14 and 2014-15.
“Hence cognizance of the offence is taken in both the complaints,” the court said.
“All accused be summoned for August 21, 2015 in both complaints for commission of offence under sections 276B, 278B read with section 278E of the Income Tax Act for financial year 2013-14 and 2014-15,” the court said. (PTI)