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.
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.
Punjab Police cops withdrawn from Kejriwal's security
Chandigarh, Jan 23 (PTI): Punjab Police personnel deployed in the security of Aam Aadmi Party national convener Arvind Kejriwal have been withdrawn, the state police chief said on Thursday.
"Time to time, we get reports of threats to chief minister Bhagwant Mann and Arvind Kejriwal and we share them with the concerned agencies.
"Following the directions of the Delhi police and the Election Commission today, we withdrew the component of the Punjab police in the security of Kejriwal ji," Director General of Police Gaurav Yadav told reporters in Patiala.
"We showed our concerns to them. We will remain in touch with them. We will share our inputs with the Delhi police," he said.
The development comes ahead of the elections for the 70-member Delhi Assembly on February 5. The poll results are set to be declared on February 8.
