Another big settlement seems to have happened in 2009.
In its profit and loss account filed on October 13, 2009, the company showed expenditure under the head salaries, wages and bonus as Rs 34.19 crore.
This could be the final settlement of dues of 700 employees because the next year's statement draws a blank against the salaries and wages column.
It seems that the Congress, of which Sonia is the president, had been lending unsecured interest-free loans to The Associated Journals to meet its various liabilities towards employees and other creditors over a period of time.
In 2009, when the final settlement with the 700 workers happened, the company's unsecured loans almost doubled to Rs 78.20 crore from Rs 39.22 crore in the previous year.
Though there is no reference to the Congress in The Associated Journals' books, from the party's statements it appears that these were "interest-free loans" given purely on "emotional" grounds to keep the loss-making venture afloat.
The income tax returns of the Congress for the year ended March 2011 shows an item of "balance written off" in the expenditure column: Rs 89.71 crore. Even for a large income statement like the Congress', this amount sticks out.
Though the return does not give further details of this sum, it neatly fits into the Young Indian-The Associated Journals transaction.
According to the notes to Young Indian"s accounts for 2011-12, it had acquired loans of Rs 90.21 crore owed by The Associated Journals, "presently engaged in achieving a recast of its activities so as to have its main object congruent to the main object of the company (sic)," for Rs 50 lakh.
The difference between the two is Rs 89.71 crore - the amount written off by the Congress.
Image: Sonia Gandhi seen paying her respects to her late husband Rajiv Gandhi on his birth anniversary.