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Delhi HC rejects Sonia-Rahul's pleas against tax reassessment

| @indiablooms | Sep 11, 2018, at 12:19 pm

New Delhi, Sept 11 (IBNS): The Delhi High Court on Monday rejected former Congress chief Sonia Gandhi and present party president Rahul Gandhi's pleas against the tax reassessment in relation to Associated Journals Limited, the publisher of newspaper National Herald, for 2011-2012, media reports said.

Dismissing the pleas of Gandhis, a bench of Justices S Ravindra Bhat and AK Chawla said that Gandhis and Congress leader Oscar Fernandes had the "primary obligation" to disclose the shares acquisition in Young Indian Private Limited.

The mother and son, Sonia and Rahul, has been accused of conspiring to "cheat and misappropriate funds" by paying Rs 50 lakh, through which Young Indian Pvt. Ltd obtained the right to recover Rs 90.25 crore, which Associate Journals Ltd (AJL) owed to the Congress.

Associated Journals Limited was the publisher of three newspapers, including the National Herald, an English daily founded and edited by Jawaharlal Nehru, before he became India's first Prime Minister.

In 2008, the company shut down with an alleged unpaid debt of about $15 million.

The Gandhis in January 2016 won an appeal to be exempted from personal appearances in court to answer allegations that they used  the Congress to misuse about $15 million of party funds for personal profit. 

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