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I-T dept slaps Rs 100 crore tax notice to Rahul, Sonia Gandhi over concealed AJL income

An income tax order following the reassessment of their incomes regarding Associated Journals Limited (AJL) states that the mother-son duo had “escaped” incomes the tune of hundreds of crores in 2011-12, said a report on Wednesday.

New Delhi: In a major embarrassment to Congress party, the Income Tax department on Wednesday slapped a Rs 100 crore tax notice to UPA Chairperson Sonia Gandhi and Congress President Rahul Gandhi for having “escaped” incomes to the tune of hundreds of crores in 2011-12, related to Associated Journals Limited (AJL). . An income tax order following the reassessment of their incomes regarding Associated Journals Limited (AJL) states that the mother-son duo had “escaped” incomes the tune of hundreds of crores in 2011-12, said a report on Wednesday. The amount of tax liability on both Sonia and Rahul Gandhi was estimated at Rs 155.4 crore and Rs 154.96 crore for the same year. This staggering amount is reportedly over the stated income of both Sonia and Rahul Gandhi. Rahul Gandhi had filed a return of income declaring Rs 68.1 lakh while Congress leader Oscar Fernandes had declared Rs 48.9 crore. The Gandhi’s challenged reopening of their financial assessment, however on December 4, the Supreme Court had allowed the Income Tax Department to reassess the tax due from Rahul Gandhi on Sonia Gandhi. As for now, the IT has filed its assessment order in the Court. The matter is scheduled to be taken up by the Court on January 29.
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