New Delhi, Dec. 12 -- The crisis-ridden IndiGo received a tax penalty notice of Rs 58.75 crore on December 11 from the Additional Commissioner of CGST, Delhi South Commissionerate, for the financial year 2020-21, the company announced on Friday.
In a filing to the BSE, IndiGo termed the tax order erroneous. It asserted that it has a strong case on merits, supported by external tax advisors.
The carrier emphasised that the development is not expected to materially impact its financial position, day-to-day operations, or broader business activities.
Earlier, the Directorate General of Civil Aviation (DGCA) suspended four Flight Operations Inspectors (FOI), who are responsible for overseeing airline safety, pilot training, & operational com...