HomeBusinessCongress gets new income tax notice IT department demands Rs 3567 crore...

Congress gets new income tax notice IT department demands Rs 3567 crore now – News18 Kannada Achi-News

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Achi news desk-

New Delhi (March 31): Ahead of the Lok Sabha elections, the Congress has received another notice from the Income Tax Department. In this regard, a tax of Rs 1,745 crore has been demanded for the assessment year 2014-15 to 2016-17. Sources gave this information on Sunday. The Income Tax Department has collected a total of Rs 3,567 crore from the Congress so far. Demand.

According to sources, the latest indications are for 2014-15 (around Rs. 663 crore), 2015-16 (around Rs. 664 crore) and 2016-17 (around Rs. 417 crore). He said the authorities have ended the tax exemption given to political parties and imposed a tax on parties. Sources said the Congress taxed ‘third party entries’ made in diaries seized from some Congress leaders during raids by investigative agencies.

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The main opposition party said on Friday that it has received a notice from the Income Tax Department asking it to pay about Rs 1,823 crore. The tax authorities have already withdrawn Rs 135 crore from party accounts for tax demands relating to previous years. remove

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The Congress has moved the court against the tax demand of 135 crores and the case is likely to be heard in the Supreme Court on Monday. The party failed to get any relief in this matter from the Income Tax Appellate Tribunal and the High Court.

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