Delhi High Court quashes Income Tax reassessment proceedings against Prannoy Roy and Radhika Roy
The Delhi High Court on Monday set aside the income tax reassessment proceedings initiated against NDTV founders Prannoy Roy and Radhika Roy, holding that the notices were legally unsustainable and amounted to an impermissible second reopening of completed assessments. The Division Bench of Justice Dinesh Mehta and Justice Vinod Kumar quashed the reassessment notices issued…
