Achi news desk-
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- Congressional Income Tax Case Update; Rahul Gandhi | Gandhi Mallikarjun Kharge said
New Delhi4 minutes ago
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The new notice sent to Congress is for tax assessment from 2017-18 to 2020-21.
The Income Tax Department has issued a fresh demand notice of Rs 1700 crore to the Congress. According to ANI, sources said that this demand notice is for 2017-18 to 2020-21 and includes penalty and interest.
This new notification is being seen as another blow to the party which is facing a financial crisis ahead of the Lok Sabha elections. A day earlier, on March 28, the Delhi High Court had also dismissed the petition filed by the Congress regarding tax assessment.
Even before this, Congress had challenged the assessment procedures from 2014-15 to 2016-17. That was also rejected by the court.
Delhi HC had said – many transactions in the accounts were unaccounted for.
The Congress had filed the petition against the initiation of income tax reassessment proceedings for four years (2017-18, 2018-19, 2019-20 and 2020-21). A Delhi bench of Justice HC Yashwant Verma and Justice Purushendra Kaurav, while rejecting the petition on March 28, had said that there were many unaccounted transactions in the Congress accounts. Income tax officers had solid evidence to act on tax assessment, and therefore steps have been taken.
The Congress had filed the petition against the initiation of income tax reassessment proceedings for four years (2017-18, 2018-19, 2019-20 and 2020-21).
3 petitions have already been refused
Also on March 25, the court had rejected three petitions from Congress saying that Congress had chosen to appeal in court a few days before the end of the time for completing the assessment and at the last stage of the case.
On 8 March, the order of the Income Tax Appellate Tribunal (ITAT) was upheld. The tribunal had refused to stay the demand notice issued to the Congress for recovery of tax due of more than Rs 100 crore for 2018-19.
