It looks like the woes for Eros Worldwide refuse to subside. After being embroiled in a number of authorized and monetary points, studies now state that the Extra Chief Metropolitan Justice of the Peace Court docket in Mumbai has issued summons to Eros Worldwide’s administrators. These summons come after alleged non-payment of Tax Deducted at Supply amounting to a staggering Rs. 18 cr.

Court summons Eros International directors for apparent delay in payment of TDS

Court docket summons Eros Worldwide administrators for obvious delay in fee of TDS

As per the report, the delay in fee of TDS is for the monetary years, 2016-17 and 2017-18, with the courtroom directing them (the administrators) to current earlier than it on November 7. As for the case in opposition to Eros, authorized proceedings had been initiated in 2019, with the primary occasion being for non-payment of TDS in 2016-17 to the tune of Rs. 10 cr, whereas the second is for Rs. 7.77 cr for the 12 months 2017-18. This offence of non-payment is punishable below sections 276B and 278B of the Earnings-Tax Act.

Presently, no official assertion from Eros Worldwide is out there on the mentioned matter.


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