According to PTI sources, the Special Court for Economic Offences issues summons against Kingfisher Airlines chief Vijay Mallya on Thursday over an Income-Tax Department criminal case for not paying the TDS of Rs 74.94 crore in 2009-10 financial year. Also he had to pay additional Rs. 23.70 crore as interest alongside 74.94 crore.
The I-T department had filed the criminal complaint against the airline and Mallya on Tuesday under sections 276B and 278B of the I-T Act, 1962.
Kingfisher airlines which has a debt of nearly Rs 8,000 crore, registered a net loss of Rs 755.17 crore in the third quarter ended December 31, 2012,
Kingfisher had stopped operations since October 1, 2012.
Tags: IT summons Mallya Kingfisher Kingfisher Airlines Vijay Mallya