Income tax (IT) authorities have slapped prosecution notice on Naresh Goyal-promoted Jet Airways for TDS (Tax Deduction at Source) payments default, official sources said on Thursday.
TDS payments
The notice was served to the Mumbai-headquartered airline after taxmen said they had detected '“several irregularities' in the TDS payments by the private carrier.
“We have issued a prosecution notice to Jet Airways for TDS default for the previous three fiscals — 2008, 2009 and 2010 as well as for the on-going financial year,” the sources said.
These notices are apart from the two notices issued to Jet Airways earlier for delay in TDS payments during 2013 and 2014, they said.
