New Delhi, April 6: The Supreme Court on Friday dismissed a plea filed against the reassessment notice issued by the Income Tax Department to a Delhi-based hospitality firm linked to Congress President Rahul Gandhi's brother-in-law Robert Vadra.

A bench of Justice A.K. Sikri and Justice Ashok Bhushan refused to interfere with the Delhi High Court's order which had asked the firm, SkyLight Hospitality LLP, to join proceedings before the assessing officer.

Earlier in February the High Court had rejected the firm's plea challenging the Income Tax notice for re-assessment of its profits from land deals in Haryana and Rajasthan for the years 2010-11.

The firm had later moved the apex court.

The Income Tax Department, in a tax evasion report filed before the High Court, had said it had reason to believe that over Rs 35 crore, earned by the firm in 2010-11, had escaped from assessment.

The High Court in its February 17 order while asking the firm to join proceedings took note of the tax evasion report and said: "After going through the reasons, we are satisfied that the 'reasons to believe' show and establish a live link and connect with the inference drawn that income had escaped assessment, which is required for issuance of notice."

The firm had argued that the 'reasons to believe' were mere reasons to suspect and do not establish that income had escaped assessment.

 

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



Chennai, Apr 23: Marcus Stoinis smashed an outstanding century to trump Ruturaj Gaikwad's effort as Lucknow Super Giants beat Chennai Super Kings by six wickets in an IPL match on Tuesday.

Stoinis remained unbeaten 124 off 63 balls with 13 fours and six sixes as LSG completed a record run chase at the Chepauk in 19.3 overs. This was also highest individual score in IPL in a run-chase.

Earlier, skipper Gaikwad led from the front with a superb 60-ball unbeaten 108 as Chennai Super Kings posted a challenging 210 for 4 . Gaikwad's knock, his second IPL hundred, was studded with 12 fours and three sixes. Shivam Dube muscled his way to a 27-ball-66, hitting seven sixes. For LSG, Matt Henry took for 1 for 28.

Brief Scores:

CSK 210 for 4 in 20 overs (Ruturaj Gaikwad 108 not out, Shivam Dube 66, Matt Henry 1/28)

LSG 213/4 (Marcus Stoinis 124 not out).