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Sunil Mantri Realty Ltd Complaints - TDS on investment not remitted to IT Dept

View Sunil Mantri Realty Ltd complaints

Sunil Mantri Realty Ltd

Posted: 04th Apr, 2012 by Mukh Ammanu Thondi Send email
TDS on investment not remitted to IT Dept
We have been investing in SMRL.However from last year, although tax is being deducted on the interest paid to us, the TDS amt is not being remitted/credited to I Tax Dept as per IT rules, TDS certificate is also not being issued to investors in time, and as such our tax credit statements (Form 26AS) don't show the Tax Deducted at Source (TDS) by Sunil Mantri Realty Ltd.Isn't this cheating both investors and the Government? Is this not shocking and not expected from Sunil Mantri's reputed construction company? Who will bear the losses for the poor investors ????
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4dd

Comments

04th Apr, 2012 by Pravin Thosar [send email]
How shocking! What is the world coming to? If big companies like SMRL can do this to its investors who can help them? Are there no audit checks to ensure if tax compliance is there or not?Who will make good the loss to investorsand govt ex-checker?

20th Apr, 2012 by Meheru Meherhomji [send email]
We also have invested in SMRL FD's. Since Oct2011 interests delayed. Tax deducted at source also not reflected in our 26AS(Income tax site). Suffering losses. Who will repay the loss? Is Sunil Mantri group in financial trouble??

15th May, 2012 by Xavier D'sa [send email]
This is daylight robbery by Sunil Mantri Realty Limited group. Are they not subject to Statutory audits? Why has this 2 wy cheating not been highlighted by auditors? Is Mr Sunil Mantri exempted from remitting TDS from investors money to the Govt (I Tax a/c)? Is it because he is Chairman of some chhota motta housing authority?? Who will pull him up and make good the loss to both Govt and investors? Charge SMRL a hefty penalty and withdraw their licence.

14th Nov, 2012 by Rajan Waghmare [send email]
bhedchaal, a common term used in hindi is what I see here, guys first verify the facts and then comment. all this is incorrectly posted. there is no such issue of non submission of TDS, I got the tds certificate in time without even asking for it. let us refrain from putting such defamatory comments about a reputed and respected company.
 
 

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