The Supreme Court said on Tuesday that a centralised assessment may be required if there are cross-transactions between individuals, while hearing petitions filed by Congress leaders Sonia Gandhi, Rahul Gandhi, and Priyanka Gandhi Vadra, as well as trusts linked to them, challenging the transfer of their Income Tax assessments to the Central Circle, which is tasked with combating tax evasion.
It also questioned the Aam Aadmi Party (AAP) for a five-month delay in filing a petition challenging the Income Tax Department’s decision to move its case for assessment to the Central Circle.
