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.

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