NDTV Faces GST Scrutiny Notices for FY23–FY24; Potential Tax Exposure Pegged at ₹33.94 Crore

1767929169393.webp
New Delhi, January 9: New Delhi Television Limited (BSE: 532529, NSE: NDTV) has informed stock exchanges that it has received scrutiny notices from tax authorities relating to its Goods and Services Tax filings for two financial years, with the proposed tax exposure aggregating nearly ₹34 crore.

Details of the Scrutiny​

The notices pertain to FY 2022–23 and FY 2023–24 and raise observations around the alleged wrongful availment and utilisation of excess input tax credit, along with a short payment of tax. The proposed demand includes tax, interest, and penalty components and remains subject to adjudication.

Proposed Amounts Under Review​

Financial YearProposed Amount (₹ crore)
FY 2022–2313.69
FY 2023–2420.25
Total33.94

Company Response​

The broadcaster said it is currently examining the allegations and supporting documentation and will submit detailed responses within the stipulated timelines. Management clarified that the matter is procedural in nature and does not have any immediate impact on the company’s financial position, operations, or ongoing activities.

About the Company​

New Delhi Television Limited is a listed Indian media company engaged in television broadcasting and digital news platforms. The company operates multiple news channels and online properties catering to domestic and international audiences, with its equity shares listed on both the BSE and NSE.

Source:
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Back
Top