“False and frivolous”: INTIGO sentences Rs 94.4 crore fine after IT department; airlines challenging order
Interglobe Aviation, the parent company of the country’s largest airline, received on Saturday ₹The income tax department’s 94.42 billion fine order ordered, which the airline said was “erroneous and frivolous”.
The assessment department of the Income Tax Department (income tax authority) has passed the order ₹According to Indigo, the annual assessment was 94.42 billion fine. Meanwhile, Chennai Joint Commissioner fined ₹The company’s 2.84 million. The department rejected the input tax credit due to differences between fiscal 2018 and fiscal 2020.
What do you say about Indigo’s regulatory application?
It said: “Based on a wrong understanding, the order is based on a wrong understanding that the appeal filed by the company under the assessment order by the Director of Income Tax (Appeal) (CIT(a)) has been dismissed, and is also alive and yet to be awarded.”
The airline further stated that the orders passed by the income tax authorities did not comply with the law and were “erroneous and understatement”. The statement added that the company will challenge the same lawsuit and will take appropriate legal remedies to the order. In addition, Indigo said the order had no material impact on the company’s finance, operations or other activities.
GST’s requirements order ₹1.16 million’
On February 5, InterGlobe Aviation Ltd said it received a demand order for GST ₹1.16 million, fined by the additional central GST commissioner of the Southern Delhi Commission, including the joint commissioner of the GST and the central consumption tax in southern Chennai.
Delhi’s additional commissioner sentence ₹1.13 million. According to the department, it imposed a GST tax on services provided to offshore recipients rather than exporting services, denying input tax credits for certain services in the fiscal year 2017-18.
fine ₹2.5 million and ₹January is 2.17 million
On January 15, the customs department imposed few fines ₹There are 250,000 indigo related to Jet Fuel’s responsibilities. The joint commissioner of the Ludhiana Customs Commissioner’s office (customs) slapped it. Inter-Sphere Airlines once said that “there is an obligation to additional tariffs on residual aviation turbine fuel (ATF).
Chief Commissioner of Customs of Air Cargo Complex (Import) has been collected ₹On January 6, a fine of 217 million yuan was denied to refuse taxes on imported aircraft parts based on regulatory applications. It said, “there is no significant impact on the company’s finance, operations or other activities.”
