The Delhi High Court has delivered a significant ruling in favor of New Delhi Television (NDTV) founders, quashing Income Tax notices that had been issued against Prannoy Roy and Radhika Roy in 2016.

Court Decision Details

The High Court's decision specifically addresses Income Tax notices that were issued in 2016 against the NDTV founders. These notices were connected to transactions involving RRPR Holding Pvt Ltd, a company associated with the Roy family's business interests.

Impact on NDTV Leadership

The court's ruling provides substantial relief to Prannoy Roy and Radhika Roy, who have been the driving force behind NDTV since its inception. The quashing of these notices resolves a tax-related matter that had been pending for several years.

RRPR Holding Connection

The Income Tax notices were specifically related to transactions involving RRPR Holding Pvt Ltd. The court's decision to quash these notices indicates that the judicial system found merit in the founders' position regarding these transactions.

Significance for Media Industry

This judicial outcome represents an important development for one of India's prominent media houses. The resolution of this long-standing tax matter allows the company's founders to focus on their media operations without the burden of these pending notices.

The Delhi High Court's decision marks the end of a tax dispute that originated in 2016, providing closure to the NDTV founders on this particular matter involving RRPR Holding Pvt Ltd transactions.

New Delhi Television (NDTV) has received GST scrutiny notices from tax authorities alleging excess Input Tax Credit claims and short payment of taxes for two consecutive financial years. The media company disclosed this development through a regulatory filing on January 8, 2026, under SEBI listing regulations.

GST Scrutiny Notice Details

The scrutiny notices in Form GST ASMT-10 were issued on January 7, 2026, by the Assistant Commissioner/GSTO, Ward 300 (E-Commerce), Zone 10, Delhi. These notices have been issued under Section 61 of multiple GST acts including the Central Goods and Services Tax Act, 2017, the Delhi Goods and Services Tax Act, 2017, and the Integrated Goods and Services Tax Act, 2017.

Nature of Allegations

The tax authorities have alleged two primary violations in their scrutiny notices:

• Wrongful availment of excess Input Tax Credit (ITC): The company is accused of claiming ITC beyond permissible limits
• Short payment of tax: Authorities allege that NDTV has underpaid its GST obligations during the specified periods

These allegations span across two financial years, with FY 2023-24 carrying a higher proposed liability compared to FY 2022-23.

Company's Response Strategy

NDTV has indicated it is currently examining the allegations and underlying documentation provided by the tax authorities. The company plans to take comprehensive legal and procedural steps in accordance with applicable law. Key aspects of their response approach include:

• Detailed examination of all allegations and supporting documents
• Filing comprehensive responses within prescribed legal timelines
• Taking appropriate legal recourse as deemed necessary
• Ensuring compliance with all procedural requirements

Impact Assessment

The company has clarified that there is no immediate impact on its financial position, operations, or other business activities arising from these scrutiny notices. The proposed liabilities remain subject to adjudication, indicating that the final outcome will depend on the resolution of the scrutiny process and any subsequent legal proceedings.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders regarding material developments affecting the company.