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New Delhi Television Limited ( (IN:NDTV) ) has issued an announcement.
New Delhi Television Limited has announced an update on its ongoing legal proceedings related to a tax reassessment for the fiscal year 2008-09. The Principal Commissioner of Income Tax (Central), Delhi-1, has granted a stay on the recovery of the tax demand, pending the final decision of the appeal before the Commissioner of Income Tax (Appeals). This development provides temporary relief to NDTV, potentially impacting its financial obligations and offering a window to contest the reassessment further.
More about New Delhi Television Limited
New Delhi Television Limited (NDTV) operates in the media industry, primarily focusing on television broadcasting and digital content. The company is known for its news and current affairs programming, catering to a diverse audience in India and internationally.
Average Trading Volume: 22,691
Technical Sentiment Signal: Sell
Current Market Cap: 8.43B INR
For a thorough assessment of NDTV stock, go to TipRanks’ Stock Analysis page.