New Delhi Television Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
NDTV · price
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On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 1.1 pts less than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NDTV has provided an update on its ongoing income tax dispute. The Supreme Court had earlier dismissed NDTV's Special Leave Petition against a Delhi High Court order related to reassessment proceedings under Section 148 of the Income Tax Act for Assessment Year 2008-09. The company subsequently filed an appeal before the Commissioner of Income Tax (Appeals), which is still pending. NDTV had also filed a stay application against the tax demand raised under Section 147, but the Assessing Officer rejected this stay application on June 4, 2025. The company is now preparing to file a stay application before the Additional CIT/PCIT as a next step. NDTV has stated it will continue to pursue all available legal remedies to protect its interests.
The rejection of the stay application is a negative development, as NDTV may now face pressure to pay the disputed tax demand, creating uncertainty around potential cash outflow. However, the underlying matter is still being contested and has not reached a final resolution, so the long-term financial impact remains uncertain.