TIL Desk/National/New Delhi/ Reacting to granting of immunity from prosecution to Sahara India, Congress vice-president Rahul Gandhi asked Prime Minister Narendra Modi to face a probe if his conscience is clear. “Immunity for Sahara or immunity for Modiji? If your conscience is clear Modiji why fear investigation?,” Gandhi tweeted.
Sahara India has been granted immunity from prosecution and penalty following raids conducted on November 2014 during which “diaries” listing alleged pay-offs to politicians were recovered. Significantly, the Income Tax Settlement Commission (ITSC) has concurred with Sahara’s claim that the “evidentiary value” of the “loose sheets” recovered during the raids “could not be proved” by the Income Tax Department.
The 50-page order by the ITSC says that the panel agreed with Sahara’s claim that the “evidentiary value” of the “loose sheets” recovered during the raids could not be proved by the Income Tax Department. The final page of the order states that only Rs 137.58 crore – which was seized during the raids – will now be taxed, which too can be paid by the company in 12 instalments.
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