National Herald: IT dept said 90 cr loan sham transaction, how's ED filing case? asks Young Indian
Young Indian argued in court that the income tax department deemed the Rs 90 crore loan to Associated Journals Limited (AJL) a sham, contradicting the ED's money laundering case against Sonia and Rahul Gandhi. Counsel for the accused refuted the ED's charges, questioning the basis of the Rs 2,000 crore valuation and alleging suppressed documents.