Receipt of show cause notice issued by the Assistant Commissioner / GSTO, Ward 300 (E-Commerce), Zone 10…
As filed · New Delhi Television Limited has informed the Exchange about the receipt of show cause notice issued by the Assistant Commissioner / GSTO, Ward 300 (E-Commerce), Zone 10, Delhi, under Section 61 of th
What happened
FactNew Delhi Television Limited has received scrutiny notices regarding alleged wrongful availment of Input Tax Credit and short payment of tax for the financial years 2022–23 and 2023–24, proposing a liability of approximately ₹13.69 crore and ₹20.25 crore, respectively. The Company is currently reviewing the allegations and will respond accordingly within the required timelines. There is no immediate impact on the Company's financial position or operations due to these…
Why it matters
CapitSignal interpretationRegulatory action carries direct monetary penalties and can restrict how the business operates until it is resolved.
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Fact- Quantum of penalty and whether it is appealed
- Any restriction placed on operations or licences
- Timeline given by the regulator
Evidence
How CapitSignal classified this
- Reasoning:
- REGULATORY_ACTION base 78; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%