Evasion of taxes: W. M. Mendis Directors summoned
Colombo Additional Magistrate T. N. L. Ilangasinghe yesterday issued notice on Board of Directors of the W. M. Mendis Company to appear before court today to make submissions regarding the evasion of paying income taxes of Rs.1,678,795,049.00.
The Magistrate issued notice on the Board of Directors including Arjun Aloysius to appear before court.
The Magistrate further ordered them to make submissions regarding whether the company has neglected paying income taxes or not.
The Inland Revenue Department had filed the case against W.M.Mendis Company in 2021.
The case had not been taken up before Court due to the Covid-19 pandemic at that time.