Kingfisher bank accounts frozen
The Service Tax department of the Central Government has frozen 40 bank accounts of the beleaguered Kingfisher Airlines for not paying its dues.
Service Tax Commissioner of the Mumbai region Mr S.K. Solanki told media persons today they have frozen the accounts in the last two days as the airline management could not meet the deadline of Feb 29 for payment of dues.
This is the fourth time the bank accounts of the Kingfisher Airlines were frozen by various central government agencies in the last four months for non-payment of various taxes.
Kingfisher owes more than Rs.70 Cr to the services tax department which functions under the aegis of the Excise and Customs Ministry of the Central government. (J)
Add Your Comments
Please ensure that you don't use abusive words in your comments. While you have a right to express your views, you have absolutely no right to abuse persons or events. Express your criticism in a gentle way.
Featured Movie News
Tollywood superstar Mahesh Babu hasn't been lucky when he works with a…
Bollywood actress Sonakshi Sinha will turn as producer and make movies with…
The third collaboration of Mahesh Babu and Puri Jagannadh was expected sometime…
Manchu Manoj who has expressed his desire to feature in a negative…
The Aha Naa Pellanta combination Allari Naresh and Veerabhadram Choudary will team…
Shraddha Kapoor is one talented actress who is not in a hurry…