Friday, Mar 29 2024 | Time 11:38 Hrs(IST)
image
India


National Herald Case: Rs 414 cr fine imposed on Young Indian Pvt Ltd by IT, says Swamy

National Herald Case: Rs 414 cr fine imposed on Young Indian Pvt Ltd by IT, says Swamy

New Delhi, Jan 20 (UNI) During the hearing of National Herald Case in a Delhi Court on Saturday, Bharatiya Janata Party (BJP) leader Subramanian Swamy submitted that Income Tax Department had recently imposed Rs 414 crore fine on Young Indian Pvt. Ltd.
Mr Swamy has filed a 'private' criminal complaint against former Congress president Sonia Gandhi, his son Rahul Gandhi and others on the allegation of conspiring to cheat and misappropriate funds by paying just Rs 50 lakh, through which Young Indian Pvt. Ltd obtained the right to recover Rs 90.25 crore which Associate Journals Ltd owed to the Congress.
“The Income Tax Department took notice of the facts and initiated the investigations,' Mr Swamy said.
“A Rs 414 crore fine was imposed on Young Indian Pvt. Ltd. for withholding information”.
It is submitted on behalf of the Defense Counsel that the Income Tax documents were in “unauthorised and unlawful possession by Swamy” and they should not be taken on record. The council further submitted in the court that an affidavit should be filed by Swamy, how he got these documents.
Metropolitan Magistrate Ambika Singh on Saturday after hearing the submission on behalf of both the Counsel directed that documents filed by Income Tax Department be kept in a sealed cover till further orders.
Metropolitan Magistrate had passed a summoning order against Sonia Gandhi, Rahul Gandhi, Motilal Vora (AICC treasurer), Oscar Fernandes (AICC general secretary), Suman Dubey and Sam Pitroda on the offences of misappropriation of property, criminal breach of trust and cheating, read with criminal conspiracy defined under Indian Penal Code.
The Court had granted bail to Sonia Gandhi, Rahul Gandhi, Vora, Fernandes and Dubey, who had appeared before it pursuant to the summonses on December 19, 2015. Pitroda has appeared before the court on February 20, 2016 and was granted bail by the court.
UNI XC PS 2350

More News
Comments on our electoral, legal processes completely unacceptable: MEA

Comments on our electoral, legal processes completely unacceptable: MEA

28 Mar 2024 | 7:34 PM

New Delhi, Mar 28 (UNI) The Ministry of External Affairs said on Thursday that recent remarks by the US State Department on Delhi Chief Minister Arvind Kejriwal's arrest are "unwarranted," and any such external imputation on India's electoral and legal processes is "completely unacceptable".

see more..
DC extends Kejriwal's ED custody till April 1

DC extends Kejriwal's ED custody till April 1

28 Mar 2024 | 7:26 PM

New Delhi, Mar 28 (UNI) A Delhi Court on Thursday extended the Enforcement Directorate (ED) custody of Delhi Chief Minister Arvind Kejriwal, an accused in the alleged liquor policy scam, for four days till April 1.

see more..
Lawyers apprise CJI of pressure groups influencing judiciary and vitiating legal process

Lawyers apprise CJI of pressure groups influencing judiciary and vitiating legal process

28 Mar 2024 | 7:15 PM

New Delhi, Mar 28 (UNI) About 600 prominent lawyers on Thursday wrote to the chief Justice of India D Y Chandrachud that there are attempts from various pressure groups to undermine the judiciary’s integrity.

see more..
No legal bar in Kejriwal continuing as CM:  Delhi HC

No legal bar in Kejriwal continuing as CM: Delhi HC

28 Mar 2024 | 6:41 PM

New Delhi, Mar 28 (UNI) The Delhi High Court on Thursday rejected a public interest litigation (PIL) petition seeking Arvind Kejriwal's removal as Delhi Chief Minister following his arrest by the Enforcement Directorate (ED) in connection with the alleged Delhi excise policy scam and said there is no legal bar in his continuation as CM.

see more..
UNICEF India, IIHMR Delhi & IIT Mumbai launch digital health course to bridge tech-knowledge gaps

UNICEF India, IIHMR Delhi & IIT Mumbai launch digital health course to bridge tech-knowledge gaps

28 Mar 2024 | 6:25 PM

New Delhi, Mar 28 (UNI) UNICEF India, the International Institute of Health Management Research (IIHMR) Delhi, and the Indian Institute of Technology Bombay (IIT Bombay) jointly launched a comprehensive health course.

see more..
image