Kingfisher Airlines Violated Tax Rules: Minister

Cash-strapped carrier Kingfisher Airlines has not deposited with the government most of the income tax it deducted from its employees' salaries for the last two fiscal years, a minister told lawmakers on Tuesday.

Kingfisher has about 1.3 billion rupees tax deducted at source to be deposited with the government and has committed to pay it by the end of the current financial year to March 2012, Minister of State for Finance S.S. Palanimanickam told parliament in a written reply to a question.

Survey has been conducted in case of Kingfisher Airlines, which revealed that the airline had not adhered to TDS provisions, the minister said.