Legal30 Dec 2025, 06:41 pm
InterGlobe Aviation Faces INR 14.59 Million Penalty from Uttar Pradesh Authority
AI Summary
InterGlobe Aviation Ltd, the parent company of IndiGo, has received an order from the Office of the Joint Commissioner, Lucknow, Uttar Pradesh, imposing a penalty of INR 14,59,527 for alleged violation of tax credit rules in FY 2021-22. The company believes the order is erroneous and plans to contest it, backed by advice from external tax advisors. The company asserts that there is no significant quantifiable impact on its financials, operations, or other activities.
Key Highlights
- InterGlobe Aviation Ltd has been penalized INR 14,59,527 by the Office of the Joint Commissioner, Lucknow, Uttar Pradesh
- The penalty is in relation to an alleged violation of tax credit rules in FY 2021-22
- The company believes the order is erroneous and plans to contest it
- The company has sought advice from external tax advisors to strengthen its case
- InterGlobe Aviation Ltd asserts that there is no significant quantifiable impact on its financials, operations, or other activities