New Delhi [India], Dec 4 (ANI): The Supreme Court on Tuesday allowed the Income Tax department to continue with the tax re-assessment for the year 2011-12 of Congress President Rahul Gandhi, his mother Sonia Gandhi and Congress leader Oscar Fernandes but order will not be given effect to.
A bench headed by Justice AK Sikri asked IT department that an assessment order, if passed, cannot be given effect to till the final disposal of the case and posted the matter for hearing on January 8, 2019.
As the bench was not sitting post lunch, it posted the matter for hearing on January 8, 2019, and ordered that in the meantime IT department can go ahead with the assessment but restrained against any coercive action against them.
The bench made it clear that the validity of assessment will be subjected to final verdict of the apex court.
Passing the order, the top court said it was not expressing any opinion on merit of the petitions filed by the Gandhis and Fernandes.
High Court had dismissed their challenge on reopening of their tax assessments for 2011-12.
Rahul had willfully chosen to not disclose the fact that he held the director's post at Young India, IT department had contended.
In November last year, Rahul and Sonia stated that the application filed by Swamy was not bonafide and that its sole objective was to delay proceedings in a "lifeless case.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)