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Star, Sony spared from paying TDS

20-March-2001
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Star, Sony spared from paying TDS

The government said on Monday that no tax had been deduced at source from Star and Sony Entertainment Television on account of gameshows `Kaun Banega Crorepati' and `Jeeto Chappar Phaad Ke' respectively. However, Sun and Surya TV channels have together paid Rs 21.73 lakh as tax deducted at source, in accordance with 194 (b) of the Income Tax Act, 1961.

The minister of state for finance, Gingee N Ramachandran said that Star topped the list of channels with prize money outgo at a whopping Rs 9.71 crore paid between July 2000 to February 2001 in the gameshow Kaun Banega Crorepati. The highest prize money given by any channel on a month-on-month basis was when Star paid Rs 2.475 crore in December last.

Meanwhile for the two months 'Jeeto Chappar Phaad Ke' has been on air, Sony Entertainment Television has paid a little over Rs 84 lakh in the form of prize money. Sun and Surya TV have paid close to Rs 50 lakh in January this year for their gameshow 'Kodeeswaran'.

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