Income Tax Department Grants Stay to NDTV on Rs 420.36 Crore Income Tax Liability
NDTV (New Delhi Television), a well-known Indian news media company famous for its 24-hour news broadcasting in India, has recently disclosed to the stock exchange, i.e., BSE Ltd and NSE Ltd, the temporary stay on a tax demand of Rs 420.36 crore for the Assessment Year 2008-09.
Background
The company stated that the Assistant Commissioner of Income Tax, through an order dated April 28, 2026, has temporarily put a stay on the tax demand of Rs 420.36 crore for the AY 2008-09.
This decision was made after the company submitted an application on April 27, 2026. The stay will continue until the pending appeal is decided by the Commissioner of Income Tax (Appeals). However, the stay may be reviewed timely, and if any tax refunds become due to the company, they can be adjusted against the outstanding demand.
Key details
| Particular | Details |
| Company | NDTV |
| Issuance Authority | Assistant Commissioner of Income Tax, Central Circle-5, New Delhi |
| Assessment year | 2008-09 |
| Tax Demand | Rs 420.36 crore |
Company’s Disclosure
The company made the above disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
