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TVTODAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Income Tax Appellate Tribunal (ITAT), New Delhi passed an order on May 18, 2026 (received May 19, 2026) ruling entirely in favour of TV Today Network Ltd for Assessment Year 2018-19. The ITAT admitted and ruled in the company's favour on its appeal while dismissing the Income Tax Department's appeal on all 3 grounds. Originally, CIT Appeals had allowed 4 out of 5 grounds in the company's favour involving Rs. 12.46 crore, with the remaining ground of Rs. 1.52 crore taken to ITAT. The ACIT had separately appealed Rs. 12.43 crore worth of decisions made in the company's favour, and this appeal was also dismissed.
Positive outcome for the company as the ITAT upheld its position on all disputed tax matters for AY 2018-19. The company has confirmed there is no impact on financial, operational or other activities as of now.