HC: Re-directs NDTV to CIT(A) on Rs. 436 cr penalty challenge; Accepts Revenue's alternate remedy plea

Feb 21,2018

Delhi HC dismisses NDTV’s writ challenging imposition of penalty of Rs. 436.80 Cr. for AY 2009-10, as ‘withdrawn’; HC accepts Revenue’s stand that an alternate remedy in form of appeal before CIT(A) is available to assessee and therefore no interference in writ proceedings​ was warranted; However directs Revenue not to take any coercive steps for 10 days ​from the date of rejection of assessee's application for not treating it as 'assessee in default'.


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