Tag Archives: IndiGo tax penalty

IndiGo slapped with Rs 944 crore penalty by income tax department; airline vows to challenge in court – The Times of India

IndiGo slapped with Rs 944 crore penalty by income tax department; airline vows to challenge in court – The Times of India

NEW DELHI: InterGlobe Aviation, the parent company of IndiGo, has been issued a penalty of Rs 944.20 crore by the Income Tax Department for the assessment year 2021-22. The airline, however, has rejected the order, calling it “erroneous and frivolous,” and has vowed to challenge it through legal means.IndiGo to challenge tax orderThe penalty order was received on Saturday, August …

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