Supreme Court Upholds Relief to NDTV: Reassessment Against RRPR Holdings Quashed, IT Dept Appeal Dismissed

The Supreme Court dismissed the Income Tax Department’s appeal due to delay, upholding the Delhi High Court order quashing reassessment proceedings against NDTV’s holding company RRPR Holdings. The ruling reinforces that reassessment cannot continue when the main tax claim itself has already been rejected in appellate proceedings.