& Peo TV Controversies Prevention of Corruption Act case The CBI had filed a criminal conspiracy case against NDTV managing director Roy in 1998 for alleging fraud in Doordarshan upgrade. In July 2013, Roy and NDTV were cleared by the courts and found not-guilty of all charges involving cases filed against Roy by the CBI under Section 120-B of the Indian Penal Code (IPC) for criminal conspiracy and under the Prevention of Corruption Act, 1988. NDTV, through its foreign subsidiaries, is alleged to have violated Indian tax and corporate laws. NDTV has denied these allegations. Radia tapes controversy Radia tapes relate to telephonic conversations tapped by Income tax department, which include conversation of NDTV Journalist Barkha Dutt. The transcripts of the tapes, referred to the lobbying activity against the reappointment of Dayanidhi Maran to the post of Union IT and Communications minister in the UPA tenure in Indian government. Conversation with NDTV journalist Barkha Dutt at 0948 IST. In a later conversation at 1047 IST, Barkha says that it (conveying the message to Congress(ruling government in the year)) was 'not a problem' and that she would talk to Ghulam (Nabi Azad) (Indian politician and Congress member). The Sunday Guardian's allegations The Sunday Guardian ran a story which exposed the NDTV's financial misdemeanours and malpractices in connivance with ICICI Bank. It provides details of how NDTV's major stakeholders raised funds by misdeclaration of the value of shares in NDTV. NDTV has denied the allegations and the NDTV CEO replied to the Sunday Guardian along with the threat of "criminal defamation". On 5 June 2017, the House of Prannoy Roy was raided by NIA and CBI. Foreign Exchange Management Act violation On 19 November 2015 the ED served ₹2,030 crore (US$280 million) notice to NDTV for alleged violations under the Foreign Exchange Management Act, however the company said it has been advised that the allegations are not "legally tenable". Income tax cases The "Income Tax Appellate Tribunal" (ITAT) has upheld an income tax department finding that promoters of NDTV used their own shell companies to round-trip investments of ₹642 crore (US$90 million) during 2009-10, making them liable for recovery of tax and penalty. The Delhi bench of the Income Tax Appellate Tribunal which functioned under the Ministry of Law upheld the findings of the department held the company liable for reassessment of taxation with penalty. According to the findings, the company had