Supreme Court takes up Newsclick’s Petition against Income Tax Demand, Issues Notice to Dept

The Supreme Court has taken up Newsclick's petition challenging an income tax demand and issued notice to the Income Tax Department. Newsclick, a digital news platform, argues against the tax demand of over Rs 48 crore, claiming it is based on reassessment for the assessment year 2016-17. The matter revolves around allegations of suppression of income and violation of tax laws, with Newsclick seeking relief against coercive recovery actions. The Court has directed the Income Tax Department to respond, setting the stage for a critical legal battle over tax assessments in media enterprises.