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SC breather for NDTV in tax assessment case; I-T dept issues fresh notice

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MUMBAI: The Supreme Court may have ruled in favour of New Delhi Television in tax assessment case; however, the government has sent a fresh notice to the media company in the same regard.

On Friday, the apex court quashed the notice of Income Tax Department seeking to re-assess the income of NDTV during a financial year 2007-2008. The media company is accused of round-tripping over Rs 400 crore unaccounted money through its UK-based subsidiary for its non-news business.

Radhika and Prannoy Roy-promoted company hailing the court’s verdict said: “The Supreme Court has today ruled in favour of NDTV in a tax case which baselessly accused the company of money-laundering while raising funds abroad in 2007 for its non-news businesses.”

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In March 2015, the I-T department sought re-assessment of the media company alleging that it has concealed facts and laundered money, which the court refused to allow to do the same.

As the case is related to foreign assets, the court may have refused the tax department’s reassessment request but has allowed it to issue a new notice by invoking the limitation of 16-year period.

According to the media report, the revenue department believes the apex court has not given a breather to the media company; rather it has upheld the government’s view by giving it the freedom to assess the same through another provision relating to foreign assets.

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Reassessment of a case means re-opening of an assessment which was already done earlier on fulfilment of certain conditions. Under this, the overall income of the company is rechecked by including the source of income, which it has escaped earlier.

The NDTV case pertains to over Rs 400 crore introduced in 2008-09 assessment year in the books of a UK-based subsidiary of the media company. The tax department is in the belief that this amount is nothing but the company’s own income, which they failed to disclose it during the assessment.

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News Broadcasting

TOISA 2026 shortlists unveiled ahead of Lucknow ceremony

Eighth edition on March 21 honours standout performers from 2025.

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MUMBAI: TOISA 2026 just dropped a shortlist so stacked, even the trophy is wondering if it needs a bigger shelf. The Times of India Sports Awards (TOISA) has revealed its 2026 shortlists, setting the stage for the eighth edition on 21 March at The Centrum Hotel in Lucknow. Celebrating achievements from 1 January to 31 December 2025 across more than 45 sports categories, this year’s nominees capture a golden 12 months of Indian sport from ODI and T20 World Cup triumphs to double golds at the Asian Athletics Championships and podium finishes at the World Para Athletics Championships.

For the first time, TOISA opens its doors to the public. Passes are available at timesofindia.indiatimes.com/toisa2025.

Standout shortlists include:

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  • Badminton (Male): Lakshya Sen, Ayush Shetty, Kiran George, Chirag Shetty, Satwiksairaj Rankireddy
  • Badminton (Female): Tanvi Sharma, Unnati Hooda, Tressa Jolly, Gayatri Gopichand
  • Cricket (Male): Shubman Gill, Abhishek Sharma, Ravindra Jadeja, Varun Chakaravarthy, KL Rahul, Kuldeep Yadav
  • Cricket (Female): Smriti Mandhana, Pratika Rawal, Jemimah Rodrigues, Deepti Sharma, Shafali Verma
  • Athletics (Male): Neeraj Chopra, Animesh Kujur, Gulveer Singh, Sachin Yadav
  • Athletics (Female): Parul Chaudhary, Rupal Chaudhary, Jyothi Yarraji, Pooja Singh
  • Shooting (Female): Suruchi Inder Singh, Simranpreet Kaur, Esha Singh, Elavenil Valarivan, Sift Kaur Samra, Manu Bhaker
  • Emerging Sportsperson: Tanvi Sharma (badminton), Divya Deshmukh (chess), Shree Charani (cricket), Vaibhav Suryavanshi (cricket)
  • Team of the Year: India Women’s Cricket Team, India Men’s Cricket Team, India Men’s Hockey Team, India Men’s & Women’s Kabaddi Teams, India National Shooting Team, India Women’s Cricket Team for the Blind, India Squash Team, India Women’s Ice Hockey Team
CategoryShortlist 1Shortlist 2Shortlist 3Shortlist 4Shortlist 5Shortlist 6Column 1Column 2
Badminton maleLakshya SenAyush ShettyKiran GeorgeChirag ShettySatwiksairaj Rankireddy
Badminton femaleTanvi SharmaUnnati HoodaTressa JollyGayatri Gopichand
Cricket maleShubman GillAbhishek SharmaRavindra JadejaVarun ChakaravarthyKL RahulKuldeep Yadav
Cricket femaleSmriti MandhanaPratika RawalJemimah RodriguesDeepti SharmaShafali Verma
Athletics (Track and field) maleNeeraj ChopraAnimesh KujurGulveer SinghSachin Yadav
Athletics (Track and field) femaleParul ChaudharyRupal ChaudharyJyothi YarrajiPooja Singh
Sportsperson of the year (combined of all sports)Divya DeshmukhSuruchi Inder SinghSmriti MandhanaSamrat Rana
EquestrianAshish LimayeShruti VoraDivyakriti Singh
Hockey maleAbhishek NainHarmanpreet SinghJugraj SinghAmit Rohidas
Hockey femaleUdita DuhanNavneet KaurMumtaz KhanRutuja Pisal
Shooting maleSamrat RanaRavinder SinghAishwary Pratap Singh TomarAnishVarun TomarRudrankksh Patil
Shooting femaleSuruchi Inder SinghSimranpreet KaurEsha SinghElavenil ValarivanSift Kaur SamraManu Bhaker
Emerging sportsperson (combined)Tanvi Sharma (badminton)Divya Deshmukh (chess)Shree Charani (cricket)Vaibhav Suryavanshi (cricket)
Coach of the year (male, female combined)Amol Majumdar (Cricket)Suresh Singh (Shooting)Ashok Kumar Rana (Shooting)
Chess maleRameshbabu PraggnanandhaaAravindh ChithambaramPanneerselvam IniyanNihal SarinArjun Erigaisi
Chess femaleDivya DeshmukhKoneru HumpyVaishali RameshbabuNandhidhaa PV
Archery maleDhiraj BommadevaraAbhishek VermaAtanu DasPrathamesh FugeRishabh Yadav
Archery femaleAnkita BhakatJyothi SurekhaDeepika KumariPrithika Pradeep
Billiards/SnookerPankaj AdvaniAditya MehtaBrijesh Damani
Weightlifting maleRishikanta SinghMuthupandi RajaDilbag SinghLovepreet Singh
Weightlifting femaleMirabai ChanuMehak SharmaBindyarani Devi
Wrestling maleSunil KumarNiteshAman SehrawatSujeet Kalkal
Wrestling femaleAntim PanghalManishaNisha Dahiya
Squash maleAbhay SinghSaurav GhosalVelavan SenthilkumarMahesh Mangaonkar
Squash femaleAnahat SinghJoshna ChinappaDipika Pallikal KarthikTanvi Khanna
Table Tennis maleManav ThakkarSathiyan GnanasekaranHarmeet DesaiPayas Jain
Table Tennis femaleManika BatraSreeja AkulaDiya ChitaleAyhika Mukherjee
Team of the Year (combined from all sports)India Women’s Cricket TeamIndia Men’s Cricket TeamIndia Men’s Hockey TeamIndia Men’s & Women’s Kabaddi TeamsIndia National Shooting TeamIndia Women’s Cricket Team for the BlindIndia Squash TeamIndia Women’s Ice Hockey Team
Tennis MaleRohan BopannaYuki BhambriSumit Nagal
Tennis FemaleAnkita RainaVaishnavi AdkarSahaja Yamalapalli
Football maleSubhasish BoseSunil ChhetriVishal KaithBrison FernandesGurpreet Singh Sandhu
Football femaleSoumya GugulothGrace DangmeiElangbam Panthoi ChanuManisha KalyanPyari Xaxa
KabaddiSanju DeviPawan SehrawatRitu NegiArjun Deshwal
Boxing maleSachin SiwachHitesh GuliaPawan BartwalAnkush Panghal
Boxing femaleMinakshi HoodaJaismine LamboriaNikhat ZareenPooja Rani
SailingVishnu SaravananZahaan HemrajaniAbhimanyu PanwarGhashiayah A
Para Archery maleHarvinder SinghVivek ChikaraRakesh KumarShyam Sunder Swami
Para Archery femaleSheetal DeviPayal NagJyoti Baliyan
Para Athlete (Track & Field) maleSumit AntilShailesh KumarSandeep KumarNishad Kumar
Para Athlete (Track & Field) femaleSimran SharmaPreethi PalEkta BhyanDeepthi Jeevanji
Para Badminton malePramod BhagatSukant KadamKrishna Nagar
Para badminton femaleMandeep KaurManasi JoshiNithya Sre
Para chessVaibhav GautamSamarth J RaoVenkata Krishna Karthik K
Para judoKapil ParmarAvidha SharmaRahul RajoraKokila
Para shooting maleBhat Amir AhmadNihal SinghSandeep KumarRudransh Khandelwal
Para shooting femaleMona AgarwalAvani LekharaRubi Kumari
Para Sportsperson of the yearSheetal Devi (Para Archery)Praveen Kumar (Para Athletics – High Jump)Preethi Pal (Para Athletics – Sprint)Sumit Antil (Para Athletics – Javelin)
Para Coach of the yearDr. Satyapal Singh (Para Athletics)Subhash Rana (Para Shooting)Gaurav Khanna (Para Badminton)Sandhya Bharti (Para Taekwondo)

The jury comprises six of India’s most decorated athletes, Leander Paes, Mithali Raj, Abhinav Bindra, Devendra Jhajharia, Sharath Kamal and PR Sreejesh.

TOISA remains the one night on the Indian sporting calendar judged purely on merit, not popularity. This year’s edition in Lucknow, a state that has steadily become a powerhouse of grassroots talent reflects how excellence now runs deep across every region.

In a year when Indian sport refused to stay in one lane, TOISA isn’t just handing out trophies, it’s framing a portrait of a nation that’s finally sprinting, swinging and shooting its way onto the world stage, one unforgettable moment at a time.

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