Tax Re-assessment: SC to hear appeals filed by Rahul, Sonia Gandhi in August

Image
Press Trust of India New Delhi
Last Updated : Apr 23 2019 | 7:15 PM IST

The Supreme Court Tuesday said it would hear in August the appeals filed by Congress President Rahul Gandhi and his mother Sonia against the Delhi High Court order allowing re-assessment of their Income Tax for 2011-12 in connection with the National Herald case.

A bench comprising Justices D Y Chandrachud and Hemant Gupta granted liberty to the petitioners to approach Delhi Income Tax Appellate Tribunal (ITAT) for expeditious hearing of pending appeal challenging the retrospective cancellation of registration granted to Young Indian under the I-T Act.

"List the further hearing on this batch of appeals in the week commencing August 19. We grant liberty to the petitioners to approach the ITAT, Delhi, for expeditious hearing and final disposal of appeal...," the bench said in its order.

The Gandhis and senior Congress leader Oscar Fernandes have challenged in the apex court the Delhi High Court's September 10 verdict which dismissed their plea against the re-assessment of their tax for 2011-12.

During the hearing on Tuesday, the bench initially observed that it can ask the ITAT to expedite the proceedings pending before it in the matter.

It said: "You have challenged the cancellation of registration before the tribunal. We may have some difficulty if suppose we say that the cancellation was bad. So proper procedure would be to wait for ITAT order. We will then have the benefit of the tribunal's order. If you succeed there, then issue of re-opening goes."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Apr 23 2019 | 7:15 PM IST

Next Story