In mounting hassle for the Congress, sources within the celebration stated it has acquired contemporary notices from the Earnings Tax division, elevating a tax demand of Rs 1,745 crore for the evaluation years 2014-15 to 2016-17.
With this newest discover, the Earnings Tax (IT) division has raised a complete demand of Rs 3,567 crore from the Congress. In accordance with sources, the contemporary tax notices relate to 2014-15 (Rs 663 crore), 2015-16 (round Rs 664 crore) and 2016-17 (round Rs 417 crore). The authorities have ended the tax exemption accessible to political events and have taxed the celebration for your entire collections, they added.
The Congress has additionally been taxed for third-party entries made in diaries seized from a few of its leaders by probe businesses throughout raids, the sources stated. The primary opposition celebration on Friday (March 29) stated that it has acquired notices from the I-T division, asking it to pay round Rs 1,823 crore. The tax authorities have already withdrawn Rs 135 crore from the celebration’s accounts for a tax demand referring to earlier years.
Congress strikes court docket
The Congress has moved the court docket in opposition to the Rs 135-crore tax demand and the case is more likely to come up earlier than the Supreme Court docket on Monday (March 25). The celebration has didn’t get any aid from the Excessive Court docket of the Earnings Tax Appellate Tribunal on this regard.
Congress leaders have contended that comparable third-party entries naming BJP leaders in different diaries haven’t been levied any tax. They’ve accused the BJP of indulging in tax terrorism and financially crippling the principal opposition celebration throughout the 2024 Lok Sabha elections.
By doing so, they’re disturbing the extent enjoying discipline throughout elections, the Congress has alleged. It has additionally complained to the Election Fee on this regard and urged it to take care of a stage enjoying discipline.
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 rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it for a period of four years by tax authorities.){kind=link}