We are not tax dodgers: Kalanithi Maran

Image
IANS Chennai
Last Updated : Jul 23 2015 | 4:57 PM IST

Media baron and promoter of Sun TV group Kalanithi Maran on Thursday said they were not tax dodgers and the media was being fed stories about the group and him by people with vested interests.

"Given that the Sun Group of companies and I have been the topic of several malicious and misleading stories fed to the print media by certain people, it appears that this action too may have been motivated by ulterior motives to tarnish the image and reputation of the Sun Group and me," Maran said in a statement issued here.

He issued the statement to clarify news reports about him, budget airline SpiceJet Ltd and a company official being summoned as an accused by a Delhi court in two tax evasion cases for alleged failure to deposit over Rs.147 crore as tax deducted at source (TDS) with the Income Tax department.

According to him, the Sun Group and he in his personal capacity pay more than Rs.600 crore as taxes annually to the national exchequer.

"We are not tax dodgers," Maran claimed.

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 cleared all 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," he said.

Maran said he was a non-executive chairman of the board of directors and was never designated as the principal officer of SpiceJet involved in day-to-day affairs of the company.

"It is unfortunate that after almost a period of six months after payment of TDS dues by SpiceJet, a case has been suddenly filed naming me as an accused, despite knowing fully well that I am not in charge of the day-to-day operations of SpiceJet," Maran said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 23 2015 | 4:42 PM IST

Next Story