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NDTV's Prannoy Roy charged for tax evasion and laundering Rs 642 crore
Posted on: 24-07-2017 , 11:52:AM | DY365 Bureau

 Courtesy DY365

According to a DNA report, NDTV founder Dr. Prannoy Roy, have been charged for tax evasion and laundering of 642 crore of rupees, by the Income Tax Appellate Tribunal.

The Income Tax Appellate Tribunal (ITAT) states that NDTV and its promoters laundered Rs 1,100 crore worth black money during 2007-08 to 2009-10.

According to findings of the income Tax Department, Dr.Prannoy Roy made large attempts to hide financial details of foreign paper subsidiary companies of NDTV by not attaching audited profit loss account, balance sheet and annual report of these foreign shell companies along with annual report of NDTV.

 
 

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