The Delhi High Court on Thursday quashed a writ petition filed by Sky Light Hospitality while hearing a case on the DLF-Sky Light Hospitality land deal. Robert Vadra is a partner in Sky Light Hospitality. According to reports, his company had filed the petition challenging the re-assessment notice by the Income Tax Department.
After the Delhi High court’s decision, Robert Vadra will now be questioned by the I-T department along with other stakeholders in Sky Light Hospitality.
A division bench by Justices Sanjiv Khanna and Chandra Shekhar had heard the petition. According to reports, the division did not find any merits in the company’s plea. The court has ordered the representatives of the company to appear before the assessing officers of the I-T department on February 19.
Sky Light Hospitality had challenged the I-T department’s assessment notice for 2010-2011. The case is related to the matter of Sky Light Hospitality (Which was converted to Sky Light Hospitality LLP from Pvt Limited) allegedly taking a 5 crore loan from DLF and using the money to buy a piece of land and then selling the same land to DLF for 50 crores.
The petitioners had claimed that as the I-T department had issued the reassessment notice to Sky Light Hospitality Pvt Ltd, it was invalid and void because the company was taken over by Sky Light Hospitality LLP by acquiring its rights and liabilities in May 2016.
To this petition, the HC concluded that the conversion was noticed and mentioned in the tax evasion report filed by I-T department and only the mere ‘human error’ of addressing the notice cannot nullify judicial proceedings which are otherwise valid.
Robert Vadra is now expected to be questioned by the I-T department regarding irregularities of the land deal made by his company.
