Thursday, May 23, 2024

Congress Big blow to Congress before Lok Sabha elections! 1,700 crore notice issued by IT | leader

Leaders Online: Before the Lok Sabha elections (2024 Lok Sabha elections), Congress has suffered a big blow. The Income Tax Department has issued a notice to the Congress for Rs 1,700 crore. The Congress claimed that the notice came hours after the Delhi High Court dismissed a plea challenging the revaluation process for four assessment years.

Congress lawyer and Rajya Sabha MP Vivek Tankha has confirmed that the party has received a notice from the Income Tax Department. He has said that he will file a legal challenge against the Income Tax Department saying that this action is unfair. Tankha also alleged that the notice of the new Income Tax Department worth around Rs 1,700 crore was given to the Congress without the main documents. “We were served demand notices without assessment orders. He has also alleged that Congress is being financially strangled during the Lok Sabha elections.

The Income Tax department has recovered Rs 135 crore as tax arrears and interest from the Congress bank accounts in Delhi for the assessment year 2018-19.

The Delhi High Court has dismissed Congress' pleas challenging the income tax department's reassessment process. A bench of justices Yashwant Verma and Purushendra Kumar Kaurav dismissed the petition, which came as a shock to the Congress.

What exactly is the case?

The Income Tax Department had on February 13 sent a notice to the Congress for recovery of Rs 105 crore dues. The department had also imposed a fine of Rs 210 crore on the Congress. Along with this, bank accounts of Congress were also frozen. Congress had filed a petition against this action of the Income Tax Department, but this petition was rejected.

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