<h1>IndiGo to Contest Rs 944.20 Crore Income Tax Penalty, Citing Misunderstanding and Pending Appeal under AY 2021-22.</h1> The Income Tax Department has imposed a penalty of Rs 944.20 crore on IndiGo for the assessment year 2021-22, which the airline plans to contest, calling the order 'erroneous and frivolous.' IndiGo, operated by InterGlobe Aviation, argues that the penalty is based on a misunderstanding regarding the status of its appeal with the Commissioner of Income Tax (Appeals), which is still pending. The company asserts that the order does not impact its financials or operations and intends to pursue legal remedies to challenge the decision.