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New Delhi Television Limited ( (IN:NDTV) ) has provided an announcement.
New Delhi Television Limited has disclosed that it received scrutiny show cause notices from the Delhi GST authorities under central, state and integrated GST laws for financial years 2022–23 and 2023–24, alleging wrongful availment and utilisation of excess input tax credit and short payment of tax. The notices propose a combined liability of about ₹13.69 crore for FY 2022–23 and ₹20.25 crore for FY 2023–24, including tax, interest and penalties, subject to adjudication, and the company is currently reviewing the allegations and documentation and plans to file detailed legal responses within the stipulated timelines, while stating that these notices have no immediate impact on its financial position, operations or other activities.
More about New Delhi Television Limited
New Delhi Television Limited (NDTV) is an Indian media and broadcasting company operating in the news and television sector, with a focus on digital and e-commerce-related broadcasting activities. The company is listed on both BSE and NSE and runs its primary news and content operations from offices in New Delhi and Noida, serving a broad national audience through its news platforms and related media services.
Average Trading Volume: 104,127
Technical Sentiment Signal: Sell
Current Market Cap: 10.93B INR
Learn more about NDTV stock on TipRanks’ Stock Analysis page.