InterGlobe Aviation Limited has informed the Exchange about Action(s) taken or orders passed
INDIGO · price
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InterGlobe Aviation (IndiGo) has received an order from the Joint Commissioner of State Tax (Appeals) IV, Bandra, Mumbai, dated February 12, 2026, denying input tax credit claimed by the company for the period July 2017 to March 2018. The tax authority has raised a demand along with interest and a penalty of about ₹1.27 crore. The company has stated that it believes the order is erroneous, has a strong case supported by external tax advisors, and will contest the matter before the appropriate higher authority.
The penalty amount of roughly ₹1.27 crore is small relative to IndiGo's overall scale, and the company has clarified there is no significant impact on its financials, operations, or other activities. Shareholders are unlikely to see a meaningful effect on the stock from this order, though an adverse final ruling after appeals could lead to a higher cumulative liability.