New Delhi: Congress on Monday moved the Delhi High Court seeking a stay on the Income Tax discover for recovery of greater than Rs 105 crore as excellent tax. The Congress is difficult a latest order issued by the Income Tax Appellate Tribunal (ITAT) in a tax-related case.
The get together’s determination comes after its accounts had been frozen and its software for a stay was subsequently denied by the ITAT. The matter is talked about by Senior Advocate Vivek Tankha earlier than the bench headed by of Acting Chief Justice. The courtroom allowed to listen to the matter today itself.
While mentioning the matter, Senior Advocate Vivek Tankha stated that the nation is on the peak of normal elections, and the way can the get together struggle elections, if it does not have the cash?
ITAT dismissed Congress’s plea
Last week, the Income Tax Appellate Tribunal dismissed the plea moved by the Congress Party which sought a stay in opposition to Income Tax Department proceedings of recovery and freezing of their financial institution accounts and stated the “Stay Application is without merit.”
ITAT bench of GS Pannu, Vice President and Anubhav Sharma, Judicial Member on Friday handed the order and stated, “We do not find that the recovery notice under Section 226(3) of the Act issued by the Assessing Officer on February 13, 2024 is lacking in bona fides, so as to require us to intervene.”
(With businesses enter)
