High Court rejects Sonia, Rahul's plea against Income Tax notice
New Delhi, Sep 10 : The Delhi High Court on Monday dismissed Congress President Rahul Gandhi and his mother Sonia Gandhi's plea challenging the Income Tax notice seeking tax reassessment for the financial year 2011-2012.
The order of a bench came while hearing the plea of Rahul, Sonia Gandhi and her party colleague Oscar Fernandes against March I-T notice seeking tax reassessment. They have allegedly not disclosed their income earned through Young Indian Pvt Ltd (YI) for the year 2011-2012.
The I-T department has told the court that they have concealed facts for evading tax.
Rahul Gandhi and Sonia Gandhi are major stakeholders in Young Indian which has acquired Associated Journals Limited (AJL). National Herald newspaper was published by AJL.
Earlier in March, Young Indian requested the court to stay the recovery of tax and interest of Rs 249.15 crore raised in pursuance to a December 27, 2017 notice issued under section 156 of the IT Act for the assessment year 2011-12.
The company has submitted that it is a charitable firm and does not have any income and that Income Tax authorities have wrongly raised a demand of Rs 249 crore for the assessment year 2011-12.
On March 19, the Delhi High Court directed Young Indian to deposit Rs 10 crore in the Rs 249.15 crore income tax proceedings against the firm.
Bharatiya Janata Party leader Subramanian Swamy had filed a complaint of "cheating" in the acquisition of AJL.
Swamy had accused them of allegedly conspiring to cheat and misappropriate funds by paying only Rs 50 lakh, by which Young Indian Pvt Ltd obtained the right to recover Rs 90.25 crore which AJL owed to the Congress.
The other accused in the case are Motilal Vora, Suman Dubey, Sam Pitroda and Young Indian.
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Vartha Bharati launches Kalyana Karnataka edition, releases 23rd annual special issue in Kalaburagi
Kalaburagi: The Kalyana Karnataka edition of the Kannada daily Vartha Bharati was formally launched on Saturday at a programme held at Dr S M Pandit Rangamandir in Kalaburagi. The event also marked the release of the newspaper’s twenty-third annual special issue, a compilation of selected editorials, and the Kalyana Karnataka special supplement.
The programme was inaugurated by Karnataka Legislative Assembly Speaker U T Khader. The Kalyana Karnataka edition of Vartha Bharati was unveiled by Siddharth Varadarajan, Editor-in-Chief of The Wire.
The twenty-third annual special issue was released by multilingual actor Prakash Raj. The book compiling selected editorials of Vartha Bharati was released by B R Patil, Vice-Chairperson of the State Policy and Planning Commission and MLA from Aland. The Kalyana Karnataka special supplement was released by Rahim Khan, Minister for Municipal Administration and Haj.
ALSO READ: Kalaburagi: ‘Vartha Bharati’ Kalyana Karnataka edition launched
Chairperson of the State Waqf Board and Sajjada Nashin of the Khwaja Bande Nawaz Dargah, Hazrat Syed Mohammed Ali Al Husseini, and Kalaburagi South MLA Allamaprabhu Patil were present as chief guests.
Among the special invitees on the dais were Koraneshwara Mahaswamiji of the Tontadarya Anubhava Mantapa, Aland; Bishop Rev Fr Robert Miranda of Kalaburagi; Bhante Varajyothi of Anandur; social activist K Neela; farmers’ leader Chamarasa Mali Patil; DSS state convenor D G Sagar; and activist and singer Ambanna Arolikar.
Speaking on the occasion, Assembly Speaker U T Khader said Vartha Bharati had emerged as the voice of the weak and the voiceless in society and had earned the love, trust and confidence of people across the state. He said the newspaper had carved out a distinct identity in the media landscape and expressed happiness that it was now reaching the Kalyana Karnataka region. He added that Vartha Bharati had remained free from political pressures and inducements and expressed hope that it would continue to stand as a support system for the distressed.
B R Patil said running a newspaper in the present times was not easy, as the media sector had increasingly turned into an industry driven by profit. Amidst such challenges, he said, Vartha Bharati had maintained integrity, honesty and commitment throughout its twenty-three-year journey. He expressed confidence that the newspaper would continue on the same path. Referring to Kalaburagi, he noted that the region frequently witnessed agitations due to the large number of unresolved issues, and said Vartha Bharati should continue to bring the problems and suffering of the people to the attention of the government and contribute to finding solutions.
