Have complied with tax rules, says Kalanithi Maran

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Chennai | Published: July 24, 2015 12:33:52 AM

Breaking his silence, media baron and promoter of Sun TV Network Kalanithi Maran on Thursday said the various companies of the Sun Group...

Breaking his silence, media baron and promoter of Sun TV Network Kalanithi Maran on Thursday said the various companies of the Sun Group and he in his personal capacity pay more than Rs 600 crore as taxes annually to the national exchequer.

Maran said that it was unfortunate that six months after the payment of TDS dues by SpiceJet, a case has been filed naming him as an accused, despite it being known fully well that he was not in charge of the day-to-day operations of the airline.

There have been several occasions when tax authorities have awarded trophies and honoured Sun TV Network with citations for exemplary compliance and for topping the region in terms of highest tax payments, Maran said.

“We are not tax dodgers. I wish to clarify this for the benefit of all stakeholders and the public at large, in the interest of setting the record straight with regard to a news report which appeared in certain media that the budget airline 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 R147 crore TDS with the income tax (I-T) department, ” he said in statement issued in his personal capacity. He exuded confidence that the courts will render justice.

Maran said SpiceJet was the only company in the Sun Group that had difficulty in making timely payments during 2014, which was inevitable given the very challenging times faced by the entire airline industry.

“Despite those hurdles, we had cleared all its dues around February 2015 well before the new promoter took over. It is therefore to be noted that there was no evasion of tax as reported but only a delay in making those remittances.

This has been unequivocally clarified by the current management team at SpiceJet, whose company secretary has formally written to the BSE earlier today that all tax dues have been cleared and that there are no payments pending,” he said.

Maran said notwithstanding the above, it is also very important to bear in mind that he was a non-executive chairman of the board of directors and was never designated as the principal officer of the company. “I was never in charge of the day-to-day affairs at SpiceJet Ltd. Therefore I had no knowledge of the routine operations of the airline nor was I ever responsible for periodic tax compliances,” he said.

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