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I have no undisputed tax payable, says Mahesh Babu

According to the commissionerate, the accounts were seized to retrieve Rs 73.5 lakh including interest and penalty

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Mahesh Babu

Mahesh Babu

Telugu superstar Mahesh Babu on Friday clarified that he has no undisputed tax payable and that he is a law abiding citizen complying with all fiscal legislation. The legal team of the actor released the statement a day after the Goods and Service Tax (GST) commissionerate, Hyderabad attached his two bank accounts for failing to pay service tax of Rs 18.5 lakh for the financial year 2007-08.

According to the commissionerate, the accounts were seized to retrieve Rs 73.5 lakh including interest and penalty. A statement from Mahesh Babu's team said the GST commissionerate attached the bank accounts for a disputed tax demand of Rs 18.5 lakh claiming Rs 73.5 lakh towards tax interest and the penalty for brand ambassador services rendered during 2007-08.

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