Kingfisher challenges I-T dept's demand

Kingfisher Airlines’ dispute with the income tax department seems far from over. Barely a fortnight after the freeze on its bank accounts was lifted, the airline filed an appeal against the department in the Income Tax Appellate Tribunal at Bangalore, disputing the Rs 370-crore tax demand levied on it for 2010-13.

Kingfisher filed the appeal last week and it will come up for hearing in June. In its appeal, the airline said the order demanding Rs 304 crore in tax dues and Rs 66 crore in interest for the last three years was unjustified.