Delhi High Court Quashes IT Reassessment Notices Against NDTV Founders Prannoy Roy and Radhika Roy

Today, On 19th January, Delhi High Court quashed IT reassessment notices issued to NDTV founders Prannoy Roy and Radhika Roy, also imposing a Rs.2 lakh penalty. The case concerned interest-free loans advanced to RRPR Holding, the promoter entity of NDTV at issue.