Top court grants news portal relief by stalling tax recovery
Hindustan Times|November 19, 2024
The Supreme Court on Monday stayed further recovery of an outstanding tax demand from news portal NewsClick, directing the company's banker not to release any more money to the tax department based on a 2023 notice, and allowing the portal to use its two bank accounts for daily operations.
Abraham Thomas
Top court grants news portal relief by stalling tax recovery

The order was passed by a bench headed by justice BV Nagarathna on an application moved by PPK NewsClick Studio Limited, which alleged that ICICI Bank was not allowing the company to use its accounts despite a top court order to this effect passed on August 9.

The tax department had raised the demand against receipt of foreign remittances by the portal in previous years. The portal's founder Prabir Purkayastha was arrested in October last year for allegedly receiving money for "pro-China propaganda" and was charged under the Unlawful Activities (Prevention) Act, or UAPA.

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Hindustan Times

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Hindustan Times

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Hindustan Times

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Hindustan Times

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Hindustan Times

England thrash Ireland; Rabiot rises for France

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Hindustan Times

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Hindustan Times

Sinner, a shift in power centre

The Italian world No.l was the flag-bearer in a men's tennis season that saw the new generation assert itself

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Hindustan Times

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Hindustan Times

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Hindustan Times

Form across formats will dictate franchise interest at IPL auction

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