In mounting bother for the Congress, sources within the celebration stated it has obtained fresh notices from the Income Tax division, elevating a tax demand of Rs 1,745 crore for the evaluation years 2014-15 to 2016-17.
With this newest notice, the Income Tax (IT) division has raised a total demand of Rs 3,567 crore from the Congress. According to sources, the fresh 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 the complete collections, they added.
The Congress has additionally been taxed for third-party entries made in diaries seized from some of its leaders by probe businesses throughout raids, the sources stated. The foremost opposition celebration on Friday (March 29) stated that it has obtained 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 The tax authorities have already withdrawn Rs 135 crore from the celebration’s accounts for a tax demand relating to earlier years.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 probably going to come up earlier than the Supreme Court on Monday (March 25). The celebration has failed to get any aid from the High Court of the Income 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 have accused the BJP of indulging in tax terrorism and financially crippling the principal opposition celebration through the 2024 Lok Sabha elections.
By doing so, they’re disturbing the extent taking part in subject throughout elections, the Congress has alleged. It has additionally complained to the Election Commission on this regard and urged it to preserve a degree taking part in subject.
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