NEW DELHI: When the Earnings Tax division freezes somebody’s checking account, it’s a monetary problem. Nevertheless, when the Earnings Tax division freezes the financial institution accounts of the Congress get together to recuperate its dues, it turns into a political problem. That is precisely what occurred right this moment. When the Earnings Tax division froze the Congress’s financial institution accounts, Congress labelled it as a ”freeze on democracy”. They proclaimed that the Narendra Modi authorities has shut down Congress’s accounts. Apparently, as quickly as Congress started its political rhetoric, its financial institution accounts have been unfrozen, and Congress’s worries dissipated. Right now, we’ll put Congress’s revenue tax politics to the DNA take a look at.
This morning, the Congress get together held a press convention throughout which its chief Ajay Maken made sensational allegations that below the Modi authorities’s rule, ”democracy has been frozen”. Everybody thought that if the Congress get together was making such an enormous accusation, one thing important will need to have occurred. Nevertheless it turned out to be a lot ado about nothing.
In actuality, democracy wasn’t frozen; solely 4 financial institution accounts of the Congress get together have been frozen. Not all financial institution accounts have been frozen, simply 4 of them. Congress declared it as a freeze on democracy. Apparently, at 11 am, Congress revealed via a press convention that its 4 financial institution accounts have been frozen, and inside an hour and a half, that’s, by 12:30 pm., Congress’s financial institution accounts have been reactivated.
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In line with Congress chief Ajay Maken, Congress was knowledgeable on February 14th that checks issued by Congress weren’t being honoured by banks. Upon inquiry with the financial institution, it was revealed that the financial institution accounts of the Congress get together, together with these of the Youth Congress, have been frozen. The explanation cited was that the Earnings Tax division has demanded a restoration of 210 crore rupees from Congress and Youth Congress. Because of non-payment, Congress’s financial institution accounts have been frozen.
This problem is said to revenue tax. And issues associated to revenue tax are monetary points. For this, Congress approached the Earnings Tax Appellate Tribunal on February 15th. Earlier than the ITAT may order the elimination of the freeze on Congress’s accounts, Congress had already turned this monetary problem right into a political one.
Why is Congress so agitated over the sealing of 4 financial institution accounts? If financial institution accounts are sealed, why is Congress so afraid of what’s going to occur subsequent? How will they struggle elections? Congress dramatized the freezing of its financial institution accounts by calling it a freeze on democracy and claimed it was a conspiracy by the Modi authorities to cease Congress from contesting elections. However inside an hour, Congress’s financial institution accounts have been reactivated, and ITAT supplied reduction to Congress.
After going via this report, it’s essential to have understood how expert Congress is at making a mountain out of a molehill. Now, we wish to ask some inquiries to the nation’s oldest get together, Congress. The query is, how did the freezing of Congress get together’s 4 financial institution accounts equate to a freeze on democracy? If Congress runs out of cash to pay electrical energy payments, worker salaries, and for authorized proceedings, does that imply democracy inside India has ceased to exist fully?
Even when Congress’s financial institution accounts have been sealed, does that imply that just one get together’s politics will stay within the nation? Does Congress contemplate itself to be India and its financial institution accounts as India’s democracy? As a result of based on Congress’s logic, it looks as if its financial institution accounts have not been sealed; as an alternative, democracy itself has been sealed. This case is an easy one for the Earnings Tax division, and the freezing of Congress’s accounts was finished whereas adhering to the whole authorized course of.
The fascinating factor right here is that Congress’s financial institution accounts have been frozen when the Earnings Tax division was cracking down on tax evaders and people misusing electoral funds for cash laundering functions. In actual fact, it is not hidden from anybody that electoral funds are sometimes misused for tax evasion and cash laundering. In such a state of affairs, it could have been higher if Congress had additionally revealed why the report of electoral funds obtained in 2018-19 was delayed by 45 days to the Earnings Tax division.
Keep tuned to Zee Information present DNA for an in depth evaluation of the difficulty and Congress’s politics on the Earnings Tax division’s transfer.
