New Delhi Television Limited has informed the Exchange about the receipt of Show Cause Notice.
NDTV · price
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Awaiting price reaction for this filing.
NDTV has received a Show Cause Notice dated July 3, 2025 from the Sales Tax Officer of Delhi's Ward 300 (E-Commerce), Zone 10, under Section 73 of the CGST, Delhi GST, and IGST Acts. The notice pertains to financial year 2021-22 and alleges wrongful availment and utilization of excess Input Tax Credit (ITC) along with short payment of tax. It proposes a total liability of ₹17.27 crores, covering tax, interest, and penalty, which is still subject to adjudication. The company has stated it is examining the allegations and underlying documents and will file a detailed response within the prescribed timelines. The matter is at the show cause stage and no final order has been passed yet.
Investors should note a potential tax liability of ₹17.27 crores that is currently only proposed and not yet confirmed. If the liability is upheld after adjudication, it could create a one-time financial hit; however, the company retains the right to appeal, so the outcome remains uncertain.