Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
CO-PRESENTED BY
LIVE TV DownloadNews18 App
News18 English

Lok Sabha Elections 2019Exit Poll Results

All India Figures

Assembly Elections 2019 Exit Poll Results

»
1-min read

Actor Mahesh Babu Calls Himself 'Law-Abiding Citizen', Denies Charges of Unpaid Taxes

The GST Commissionerate, Hyderabad, has carried out the attachment without notice when several judicial pronouncements on the issue is in favour of the taxpayer and more so when the dispute is pending before the High Court, according to the team.

PTI

Updated:December 29, 2018, 10:57 PM IST
facebookTwittergoogleskypewhatsapp
Actor Mahesh Babu Calls Himself 'Law-Abiding Citizen', Denies Charges of Unpaid Taxes
Telugu Actor Mahesh Babu.
Loading...
Hyderabad: Top Telugu actor Mahesh Babu, whose two bank accounts were attached by the Goods and Services Tax department, has said there was no undisputed tax payable and he is a law abiding citizen complying with all fiscal legislations.

Besides, the actor's legal team said, a dispute on the matter was pending before court.

"The GST Commissionerate Hyderabad has attached the bank accounts for a disputed tax demand of Rs 18.5 lakh claiming Rs 73.5 lakh towards Tax interest and penalty for
brand ambassador services rendered in FY 2007-08 which was not taxable service," the team said in a release on Friday.

The brand ambassador service was brought in the statute only from July 2010, it said.

"Mahesh Babu is a law abiding citizen complying with all fiscal legislations and has no undisputed tax payable," the release said.

The GST Commissionerate, Hyderabad, has carried out the attachment without notice when several judicial pronouncements on the issue is in favour of the taxpayer and more so when the dispute is pending before the High Court, according to the team.

The GST department had said on Thursday the accounts were attached to recover service tax dues from him.

According to a release issued by the Commissionerate, the actor has not paid the Service Tax during 2007-08 for the taxable services he rendered as brand ambassador, appearance money and advertising for promotion of products, among others.


Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
 

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results