I-T summons Naresh Goyal in tax evasion case - News Summed Up

I-T summons Naresh Goyal in tax evasion case


NEW DELHI: The income tax (IT) department recently summoned Jet Airways founder Naresh Goyal for questioning in an alleged tax evasion case, said people with knowledge of the matter. This marks the first time an enforcement agency has summoned Goyal in connection with alleged irregularities in the grounded carrier. “The survey was conducted at the time when Jet Airways was delaying the announcement of its June quarter result,” said an income tax official. “The assessment wing is now carrying out the inquiry, and based on the findings, had summoned Goyal to explain the case,” said another person. Jet Airways declined to comment.The carrier had previously told ET that it was in compliance with the law.


Source: Economic Times June 15, 2019 01:31 UTC



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