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New Delhi Television Limited ( (IN:NDTV) ) just unveiled an update.
New Delhi Television Limited has announced updates on its ongoing litigations related to transfer pricing adjustments and re-assessment proceedings by the Income Tax Department for the Assessment Year 2008-09. The Delhi High Court has disposed of NDTV’s Income Tax Appeal and dismissed its Writ Petition, prompting the company to challenge the judgment in the Supreme Court. Despite the substantial tax effect of over Rs. 353 crore, there is no immediate financial impact as the draft assessment and transfer pricing orders have been set aside.
More about New Delhi Television Limited
New Delhi Television Limited (NDTV) is a prominent player in the television broadcasting industry, primarily known for its news channels and media content. Based in India, NDTV has established itself as a significant media outlet, focusing on delivering news across various platforms.
YTD Price Performance: -14.26%
Average Trading Volume: 30,964
Current Market Cap: 9.19B INR
See more data about NDTV stock on TipRanks’ Stock Analysis page.
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