Hyderabad: Low cost airline SpiceJet is under the scanner of Income Tax Department for suspected violations of TDS (tax deducted at source) and distribution of Form 16 to its employees, a top CBDT official said on Friday. “There are some violations that we are looking into. Action is to recover the tax, then penal interest and some penalty will also be there,” CBDT chairman K.V. Chowdary told reporters.
He was responding to the queries on reports of non- disbursement of Form 16 by the Kalanithi Maran-controlled, loss-making carrier. Chowdary declined to reveal the amount due by the airline to the I-T department saying that “it is not appropriate to disclose the amount”. Meanwhile, the 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.
