SC allows Reopening of Income Tax Case of Sonia & Rahul Gandhi

Soniya Gandhi Vs ACIT (Supreme Court of India)

Supreme Court of India has allowed Income Tax Department to reopen tax case against Congress leaders Sonia Gandhi and Rahul Gandhi for A.Y. 2011-12 in connection with National Herald case. Hon’ble Supreme Court has held as follows:-

“For certain reasons, it is not possible to take up this matter today as the Bench is not sitting in the afternoon session. The matter stands adjourned to 08.01.2019.

Since the limitation period for completing the assessment is expiring, in the meantime, it would be open to the Assessing Officer to complete the assessment and pass the assessment order as well. However, till the next date of hearing that would not be given effect.

We make it clear that since the matter is still at the preliminary stage and limitation is expiring, aforesaid course of action is adopted without going into the merits of the case.”