New Delhi:Â The Congress on Wednesday claimed that the Income Tax division has “undemocratically” withdrawn Rs 65 crore from its accounts in varied banks, regardless of the continued authorized case concerning the return of those funds for earlier years.
“Yesterday, the Income Tax department mandated banks to transfer over Rs 65 crores from Congress, IYC and NSUI accounts to the government – Rs 5 crore from IYC and NSUI and Rs 60.25 crore from INC, marking a concerning move by the BJP government,” Maken mentioned in a submit on X.
“Is it common for national political parties to pay Income Tax? No. Does the BJP pay Income Tax? No. Why then is the Congress Party facing an unprecedented demand of Rs 210 crore,” he requested.Â
“During todayâs ITAT proceedings, we presented our case. The hearing is set to continue tomorrow. The funds in question were raised through grassroots efforts, including crowd funding and membership drives by the IYC and NSUI,” the Congress chief mentioned.
Details of quantity withdrawn
Giving particulars, Maken mentioned that whereas Rs 60.25 crore has been taken out within the type of demand drafts from Congress’ three bank accounts, a sum of Rs 5 crore has been withdrawn from the accounts of the (*65*) Youth Congress.
He mentioned whereas the sum of Rs 17.65 crore has been taken from the Bank of Baroda, Ok G Marg, Connaught Place department; Rs 41.85 crore from Union Bank of India, Connaught Place department; and one other Rs 74.62 lakh from the Punjab National Bank account of the Congress social gathering, totalling Rs 60.25 crore.
Congress bank accounts freeze
The Congress confronted a setback when its principal bank accounts have been frozen on Friday attributable to an Income Tax demand of Rs 210 crore. However, the social gathering obtained a reprieve as an Income Tax appellate tribunal allowed it to function the frozen accounts pending additional listening to subsequent week. This resolution got here as a aid for the social gathering, which said that the freeze had severely impacted its political actions.
Maken, who initially knowledgeable the media concerning the account freeze, defined that the tribunal has imposed a lien of Rs 115 crore on the accounts, permitting the social gathering to make the most of funds exceeding this quantity. Vivek Tankha, one other social gathering chief who represented the Congress earlier than the tribunal, emphasised the significance of the social gathering’s participation in electoral processes and argued towards the account freeze.
Various leaders inside the social gathering, together with Mallikarjun Kharge and Rahul Gandhi, condemned the federal government’s motion, labeling it as an assault on democracy. Maken highlighted the perceived menace to democracy within the nation and offered particulars of the tribunal’s order.
Also Read:Â Lok Sabha Elections: Congress to contest 17 seats, Akhilesh Yadav’s SP, others 63 in UP
