According to initial reports, there were two pilots in the jet, however, their fate is not known.
PTI quoted officials as saying that the jet broke into two and caught fire immediately, and one body was seen near the site crash.
GoAir has also halted flights to and from Srinagar, Leh, Chandigarh and Jammu due to airspace restrictions.
One Indian pilot was captured, a Pakistani military spokesman said, adding that one aircraft had fallen in Pakistan's part of Kashmir while the other went down in Indian-controlled section of the Himalayan region.
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He then came back to the table and told them to "pack up their cookies", and explained, "I'm taking them so y'all can get out of the cold". "We all were shocked".
The helicopter apparently went down near Budgam in the Indian State of Jammu and Kashmir.
The Border Security Force and Army have been put on the highest degree of vigilance along the border.
Ghafoor said "facing timely and effective response from Pakistan Air Force", the Indian aircraft "released payload in haste while escaping which fell near Balakot".
The IAF also said a Pakistani F-16 aircraft had crashed in the Lam Valley area along the Line of Control, reported NDTV. A "technical fault" is said to be the reason behind the crash. The pilot and co-pilot have been killed in the incident, accoriding to officials.
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The move to close the five airports came amid escalation of tension between India and Pakistan after IAF carried out strikes on terror bases in Pakistan. Some reports say that it was an Mi-17 transport chopper while some say it was a MiG aircraft. In retaliation, Pakistan violated ceasefire in a number of places along the LoC.
Both India and Pakistan claim all of Muslim-majority Kashmir, but control only parts of it.
However, it also called India's actions a "grave aggression". The attack was confirmed by the Ministry of External Affairs in New Delhi.
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Il faut être sérieux", précise au quotidien Frédéric Wurtz, qui a été élu sur la liste de la maire (PS) Line Magne, en 2014. Mandat dont il a démissionné 18 heures après son élection pour "divergences d'opinions", rapporteLe Parisien .