The Income Tax Department has sent a tax notice to Jet Airways Chairman Naresh Goyal, inquiring about his account with HSBC Bank in Geneva which contains Rs 2bn, according to reports.
Reports said that that I-T notice had been issued under two heads “where income has escaped assessment” and “compelling the production of books of account and other documents” of the taxpayer.
As on March 31, promoters of Jet Airways hold 80% of the company, with Goyal holding 0.01% and Tail Winds 79.995, says report.