New Delhi: In one other setback for the Congress get together, amidst the continued Lok Sabha election marketing campaign, sources revealed on Friday that the Earnings Tax Division has served a requirement discover amounting to roughly Rs 1823.08 crore. This discover pertains to the evaluation years spanning from 2017-18 to 2020-21 and encompasses penalty expenses together with accrued curiosity.
कांग्रेस को आयकर विभाग से एक और झटका, कहा – ये टैक्स टेररिज्म है
कांग्रेस ने शुक्रवार को कहा कि आयकर विभाग ने टैक्स रिटर्न में कथित गड़बड़ियों के लिए 1823.08 करोड़ रुपये के भुगतान का नया नोटिस उसे जारी किया है. पार्टी महासचिव जयराम रमेश ने यह दावा भी किया कि लोकसभा चुनाव से… pic.twitter.com/ZsWYP5863z
— Zee Information (@ZeeNews) March 29, 2024
Reacting to the discover, the Congress get together has accused the BJP of using monetary ways to suppress them, particularly because the Lok Sabha elections draw close to, slated to start on April 19. In a press convention in the present day, Congress member Jairam Ramesh labelled the notices as a type of “tax terrorism” orchestrated to weaken the get together financially, stressing the necessity to halt such actions. “The notices are being despatched to cripple us financially. That is tax terrorism, and that is getting used to assault the Congress, This has to cease,” Congress’s Jairam Ramesh stated in a press convention in the present day.
#WATCH | Congress chief Ajay Maken says, “We’ve obtained notices from the time of Sitaram Kesari, from 1993-94… We’ve been demanded to pay Rs 53 crores from the time of Sitaram Kesari. A complete of Rs 1823 crores has been made by the IT division from Congress.” pic.twitter.com/Yas23wj9l7
— ANI (@ANI) March 29, 2024
Earlier this week, the Delhi Excessive Court docket dismissed the Congress get together’s plea contesting the initiation of reassessment proceedings by the Earnings Tax Division for the years 2017-18 to 2020-21. The courtroom upheld its earlier choice rejecting related pleas by Congress relating to reassessment proceedings for earlier years.
Furthermore, a current ruling by the Delhi Excessive Court docket affirmed the Earnings Tax Appellate Tribunal’s choice to not droop the Earnings Tax discover for the restoration of over Rs 105 crore in excellent taxes from the Congress get together. Nonetheless, the courtroom granted the Congress liberty to strategy the appellate tribunal once more with their grievances.
In response, the Congress get together has moved to the Earnings Tax Appellate Tribunal to contest the restoration proceedings, looking for a keep on the method and the freezing of their financial institution accounts.
The problem of political funding has gained prominence on this election cycle, particularly following the Supreme Court docket’s choice to strike down electoral bonds. These bonds, permitting nameless donations to political events, have been deemed to violate residents’ proper to data. The Congress and different opposition events have hailed this verdict, contemplating it a blow to the BJP, which had benefited considerably from the scheme.
