Don't take coercive steps on NDTV over â¹430cr tax demand: HC
The Delhi High Court has directed Income Tax Department to not take any coercive step against NDTV over an around â¹430 crore penalty demand. The court noted the time given for deposit was "immediately now", which appeared "on the face of it illegal". The I-T department alleged that NDTV tried to evade tax on â¹642 crore investment by NBC Universal.