In a significant ruling, the Delhi High Court has set aside the income tax notices issued against NDTV founders, Prannoy Roy and Radhika Roy. The court criticized the Income Tax Department for issuing notices without proper justification and imposed a fine of ₹2 lakh on the department for initiating wrongful proceedings.
The court held that the tax notices were issued arbitrarily and lacked adequate grounds. The ruling underscores the importance of following due process in tax matters and cautions government agencies against issuing notices without substantial evidence. The judgment highlights the judicial commitment to ensuring fairness in the administration of tax laws.
