Property Tax Case: Karnataka High Court Stays Rs.39.56 Crore Recovery Notice Against Chalet Hotels

Chalet Hotels Ltd secured a stay from the High Court of Karnataka against a sale notice issued by the Greater Bengaluru Authority. The dispute concerns alleged unpaid property taxes of Rs 39.56 crore on its Whitefield asset in Bengaluru.

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.