HC: Admits high stakes NDTV appeal over Sec. 69A addition, extends interim relief
Delhi HC admits cross appeals filed by NDTV & Income tax Department, frames substantial questions of law & lists the matter for hearing in September; HC to decide whether the Tribunal 'erred' in upholding the Rs. 642 cr addition made on NDTV u/s 69A of Income tax Act, with regards to the $150 mn overseas funding raised by the company ; ITAT concluded that “asse...
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