A Delhi High Court division bench quashed the proceedings against Prannoy and Radhika Roy on Monday, nearly a decade after the income-tax department served reassessment notices to the founders of NDTV. The bench of Justice Dinesh Mehta and Justice Vinod Kumar also asked the I-T department to pay Rs 1 lakh each to the Roys. ADVERTISEMENT“Notices issued to the petitioners and any consequent order or proceedings thereto are quashed,” the bench said in the order, as reported by legal news websites. They stated that the I-T department had earlier reopened the assessment in July 2011 and had examined the case, which concluded with a reassessment order in March 2013. In September 2024, a court had quashed the similar reassessment proceedings in a separate tax-related case involving the NDTV founders,
Source: The Telegraph January 19, 2026 06:48 UTC