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Siti Cable refutes allegation of tax evasion

In its response to a directive of the Delhi Govt regarding outstanding entertainment tax of Rs 33.12 crore, the network has clarified that it has been depositing the tax regularly on the basis of collections

BestMediaInfo Bureau | Delhi | April 8, 2015

siti-logoSiti Cable Network has come out with its response to a directive of the Delhi Government regarding payment of outstanding entertainment tax.

In an official statement issued, Siti Cable stated, “The company has come to know from public sources regarding the alleged ex-parte order issued by the Delhi Government, directing Siti Cable Network to deposit Rs 33.12 crore as outstanding entertainment tax, including interest and penalty.”

The statement further said, “In this context, the company vehemently denies the allegation of tax evasion and would like to clarify that it has been depositing the entertainment tax regularly on the basis of collections. It has already challenged the vires of the Delhi Entertainment and Betting Tax Act, 1996 vide its Writ Petition being No. 427 of 2014, which is sub judice before the Hon’ble Delhi High Court.”

Siti Cable added that it had not yet received any official communication/ notice about any such order being passed by the Entertainment Tax Department of the Delhi Government.

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