Delhi Magistrate dismisses complaint against Newslaundry alleging tax evasion, criminal conspiracy

The complaint by an Income Tax officer alleged that the company and others had criminally conspired to evade tax by issuing shares based on a bogus valuation report.

A Metropolitan Magistrate in Delhi recently dismissed as meritless a complaint lodged by the Income Tax Department against Newslaundry, it's directors, valuers, and shareholders. [Income Tax Department v. Newslaundry Media Pvt Ltd and Ors]

Loading content, please wait...
Bar and Bench - Indian Legal news