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IndiGo gets tax demand related to input tax credit
PTI, May 2, 2024, 9:08 AM IST
New Delhi: IndiGo has received a tax demand following the rejection of an input tax credit that was availed by the company in 2018-19.
In a regulatory filing on Wednesday, the company said it has received a ‘demand of Rs 31,240, including tax of Rs 21,240 and penalty of Rs 10,000 for the FY 2018-19’.
The demand has been issued by the Deputy Commissioner of the tax department in Hyderabad.
“The tax officer has denied input tax credit of Rs 21,240 availed by the company and raised the… demand,” the filing said.
The company also said there is no material impact on financials, operations or other activities due to the demand.
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Latest Additions
Joe Root returns to England’s ODI squad for India tour, Champions Trophy; Ahmed in T20Is
INX Media case: Delhi court allows Congress MP Karti Chidambaram to travel abroad
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Parcel blast case: Accused learned to make bombs on internet to target in-laws; arrested with aide
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