New Delhi, Sep 10 (IANS) 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.
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.
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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