Business Standard

Finance Ministry to issue fresh notice to NDTV following SC verdict

The decision follows the Supreme Court ruling that allowed the revenue department to do so

NDTV, in a statement, said Radhika and Prannoy Roy (pictured) believed the Sebi order was based on an incorrect assessment of the situation and a "highly unusual and perverse directive"
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The Supreme Court has not given any clean cheat to the NDTV, the sources said.

Indivjal Dhasmana New Delhi
The finance ministry has decided to issue fresh notice in the income tax re-assessment case of NDTV. The decision follows the Supreme Court ruling that allowed the revenue department to do so. 

However, NDTV in a statement said the Supreme Court on Friday refused to allow the revenue department to reopen an assessment that was decided years ago.

The Supreme Court has proved that the rule of law prevails above all else, NDTV said.

According to sources in the finance ministry, the Supreme Court on Friday endorsed  the view of the Income Tax Department that "there were reasons to believe

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