Kingfisher Airlines dues: Income-Tax Dept asserts first claim on dues recovery from Vijay Mallya's firm

Dec 16 2013, 16:49 IST
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Kingfisher Airlines had deducted tax at source from employee's salary and other payments but failed to remit it to the govt account following which it owes over Rs 350 cr as taxes. Kingfisher Airlines had deducted tax at source from employee's salary and other payments but failed to remit it to the govt account following which it owes over Rs 350 cr as taxes.
SummaryA lender consortium of banks has already laid claim to 'Kingfisher House' to recover part of their loans.
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