TV Today Network Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015'.
TVTODAY · price
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Awaiting price reaction for this filing.
TV Today Network has received a notice dated July 22, 2025 from the Income Tax Department (ITO TDS Ward, Laxmi Nagar, Delhi) raising a demand of Rs. 24,10,260 for short deduction of TDS on salary payments to employees whose PAN was inoperative during Q4 of FY 2023-24. The tax authority has asked the company to deposit the correct TDS amount and submit a revised TDS statement. The company has stated it will file a reply before the assessing officer in due course. The company has explicitly mentioned there is no impact on its financial, operational, or other activities. The disclosure has been made under Regulation 30 of SEBI LODR Regulations.
The demand amount of ~Rs. 24 lakhs is quite small relative to the company's size and is essentially a procedural TDS compliance issue. The company says there is no material impact, so this is unlikely to affect the stock price or shareholder value meaningfully.