The Delhi High Court on Wednesday denied any relief to Congress president Rahul Gandhi in relation to the transactions between Young Indian Private Limited and National Herald in which he had challenged the opening of his tax assessment. The Income Tax department had issued a reassessment notice for 2011-12 in March, said news agency ANI.
Rahul Gandhi and his mother Sonia Gandhi are supreme shareholders in Young Indian, which the Congress has said is a not-for-profit organisation.
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A bench of Justices AK Chawla and S Ravindra Bhat also refused to stop the media for reporting on the matter.
The case will be next heard on August 14.
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The Income Tax department on Wednesday told the court that the All India Congress Committee granted Rs 99 crore to the Associated Journals Limited. However, Gandhi chose not to disclose that he held the director’s post at the Young Indian, said the Income Tax department.
Meanwhile, Gandhi’s counsel said that the Congress supremo is not liable to pay any tax as he did not receive any income from the source.
Earlier in a complaint, BJP leader Subramanian Swamy had accused two Congress leaders of cheating and conspiracy with the aim to grab properties and assets owned by the National Herald.