Jet Airways' land deal with Godrej Buildcon comes under IT scanner, says report
Updated : August 29, 2018 08:34 AM IST
The income tax (I-T) department is assessing whether Jet Airways' financial deal with the wholly owned subsidiary of Godrej Properties attracts tax liability on the two companies.
The airline is said to have received Rs 1,725 crore as 'monetary consideration' from the developers.
Nowhere did Jet's financial records reflect these transactions.