INCOME-TAX: 76% Gandhis held section 25 Company Young Indian was an adventure in the nature of trade under a cloak of charity, with real purpose to gain control of properties valued at approx. Rs. 357 crores of publication company AJL which had ceased publication by paying a pittance of Rs.50 lakhs for 99% of shares in AJL in connivance with directors of AJL who were close to Gandhis family and held high positions in AICC also.INCOME-TAX: 76% Gandhis held section 25 Company Young Indian was an adventure in the nature of trade under a cloak of charity, with real purpose to gain control of properties valued at approx. Rs. 357 crores of publication company AJL which had ceased publication by paying a pittance of Rs.50 lakhs for 99% of shares in AJL in connivance with directors of AJL who were close to Gandhis family and held high positions in AICC also.www.taxmann.com Latest Case LawsRead More
