Sahara Diaries row: Rahul Gandhi dares PM Modi to face probe

Sahara India has been granted immunity from prosecution and penalty following raids conducted

Congress Vice-President Rahul Gandhi.
Congress Vice-President Rahul Gandhi.
ANI New Delhi
Last Updated : Jan 05 2017 | 2:48 PM IST

Reacting to granting of immunity from prosecution to Sahara India, Congress vice-president Rahul Gandhi on Thursday asked Prime Minister Narendra Modi to face a probe if his conscience is clear.

"Immunity for Sahara or immunity for Modiji? If your conscience is clear Modiji why fear investigation?," Gandhi tweeted.

Sahara India has been granted immunity from prosecution and penalty following raids conducted on November 2014 during which "diaries" listing alleged pay-offs to politicians were recovered, a leading English daily reported on Thursday.

Significantly, the Income Tax Settlement Commission (ITSC) has concurred with Sahara's claim that the "evidentiary value" of the "loose sheets" recovered during the raids "could not be proved" by the Income Tax Department.

The 50-page order by the ITSC says that the panel agreed with Sahara's claim that the "evidentiary value" of the "loose sheets" recovered during the raids could not be proved by the Income Tax Department.

The final page of the order states that only Rs 137.58 crore - which was seized during the raids - will now be taxed, which too can be paid by the company in 12 instalments.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 05 2017 | 2:40 PM IST

Next Story