New Delhi, Dec 4: The Supreme Court on Tuesday allowed the Income Tax department to continue the re-assessment of 2011-12 returns of Indian National Congress president Rahul Gandhi and his mother Sonia Gandhi and party leader Oscar Fernandes.
Headed by Justice Arjan Kumar Sikri, the bench told the IT department that assessment order, if passed, cannot be given effect to till the final disposal of the case and posted the matter for hearing on January 8, next year.
During the hearing, senior advocate Kapil Sibal and P Chidambaram told the apex court that IT department is continuing with tax re-assessment and will pass an order by New Year's Eve.
“We must be protected,” Mr Sibal told the bench that also comprised Justices Ashok Bhushan and S Abdul Nazeer.
As the bench was not sitting post lunch, it posted the matter for hearing on January 8, 2019, and ordered that in the meantime IT department can go ahead with the assessment but restrained against any coercive action against them.
The bench made it clear the validity of assessment will be subject to the final verdict of the apex court.
In November last year, the Congress party leaders stated that the application filed by Bharatiya Janata Party's Subramaniam Swamy was not bona fide and that its sole objective was to delay proceedings in a "lifeless case.' (UNI)