All India Congress Committee President Rahul Gandhi moved Delhi High Court challenging a notice issued by the Income Tax Department in March 2018 to re-assess his tax liability for the financial year 2011-2012.
IT department’s stand is that Gandhi suppressed information on his status as a Director of Young Indian Pvt Ltd, which led to tax evasion. Gandhi’s shares in Young Indian allegedly resulted in an income of Rs. 154 crore as opposed to the earlier assessed income of Rs. 68 lakh.
Refusing to pass any interim order on Gandhi’s plea, including an order prohibiting any coercive action against him by the IT department, a division bench of Justice S Ravindra Bhat and Justice AK Chawla posted the matter for hearing on August 14.
The Court said that it would determine whether Gandhi was under any obligation to disclose his status as a Director in Young Indian.
The Court also refused to accept a plea made by Senior Advocate Arvind Datar, appearing for Gandhi, to prohibit the press from reporting the court proceedings.