â¹436 crore tax demand against NDTV upheld
The Income Tax Appellate Tribunal (ITAT) has upheld a tax demand raised on a â¹642.54 crore investment by a US network in NDTV in 2008. The I-T department alleged that NDTV tried to evade â¹218.30 crore tax and demanded penalty of â¹436.8 crore. NDTV said it will continue to fight the "misguided case" whose order has been passed with inconsistencies.