The additional chief metropolitan magistrate court in Bombay has issued summons to the directors of Eros International Media Ltd. for an alleged delay in payment of tax deducted at source amounting to around Rs. 18 crore for the financial years 2016-17 and 2017-18. The court has directed them to remain present before it on November 7.
The two cases against Eros were initiated in 2019. In the first instance, an amount of Rs. 10 crore was deducted in 2016-17 while in the second, a total amount of Rs. 7.77 crore was deducted in 2017-18. The offences are punishable under sections 276B and 278B of the Income-Tax Act.