National Herald case: Delhi HC clears decks for IT assessment into..

Delhi HC clears decks for IT assessment into National Herald case

Delhi HC clears decks for IT assessment into National Herald case
New Delhi, May 12  : The Delhi High Court on Friday declined to entertain a plea by Young Indian Private Limited, of which Congress President Sonia Gandhi and Vice President Rahul Gandhi are the main stakeholders, challenging Income Tax notices on the company -- clearing the decks for an IT probe.

The case stems from a complaint by BJP leader Subramanian Swamy who had alleged "cheating" in the acquisition of Associated Journal Limited (AJL), the publisher of National Herald, by Young Indian Private Limited -- a firm in which Sonia and Rahul Gandhi each have a 38 per cent stake.

Swamy had alleged that Congress gave an unsecured loan to YIL to acquire AJL.
Note: The content of this article is sourced from a news agency and has not been edited by the ap7am team.
National Herald case
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