New Delhi: The Congress get together on Thursday slammed the Centre after over 65 crore rupees have been deducted from its accounts by the Income Tax division. Addressing a press convention, Congress General Secretary KC Venugopal closely criticized the BJP authorities and accused it of “financial terrorism.”
“This is clearly financial terrorism imposed by the BJP government on the Congress party. According to the latest information from the banks, the BJP government compelled the banks to transfer approximately Rs. 65.89 crore from our deposits to the government,” stated Venugopal.
He additional added that the quantity was deducted from the accounts of AICC, IYC, and NSUI. “Unlike the BJP, we acquired this money from ordinary workers of the party,” stated Venugopal.
Venugopal alleged that withdrawal of cash from the accounts simply forward of the parliamentary elections means that “they (BJP) are essentially stealing money from the bank.”
Congress Party President Mallikarjun Kharge additionally got here down closely on the ruling get together and stated, “an autocratic Modi Govt is capturing Democracy through Extortion and Financial Terrorism!”
Kharge accused the (*65*) authorities of stealing donation cash from Congress and alleged that the BJP threatens company corporations by means of ED, CBI, and IT. “On one hand, the Modi Govt wants to steal the hard-earned money of people donated to the Congress party in good faith, and on the other hand, it threatens corporate firms through ED, CBI, IT, etc., to grab a lion’s share of donations,” stated Kharge.
Raising considerations over the withdrawal of Rs. 65 crore “undemocratically” from the Congress’ financial institution accounts by the revenue tax division, get together chief Ajay Maken stated that regardless of the sub judice nature of the matter, the Congress get together is going through an unprecedented demand of Rs. 210 crore when there’s a frequent observe for National Political Parties to pay no revenue tax.
Highlighting that neither the Congress nor the BJP pays revenue tax, Maken, in a publish on X, stated that their hopes now lie with the Judiciary.
“Yesterday, the Income Tax Department mandated banks to transfer over Rs65 crores from INC India, IYC, and NSUI accounts to the government–Rs5 crores from IYC and NSUI, and Rs60.25 crores from INC, marking a concerning move by the BJP Government,” he stated.
“Is it common for National Political Parties to pay Income Tax? No,” he added.
“Does the BJP pay Income Tax? No,” Ajay Maken requested.
He continued to ask why the Congress Party is going through an unprecedented demand of Rs. 210 crores?
He identified that this undemocratic act poses a menace to the nation’s multi-party system.
“This situation raises a crucial question about the state of democracy. Is it under threat?,” he stated in his publish on X.
“During today’s ITAT proceedings, we presented our case. The hearing is set to continue tomorrow. The funds in question were raised through grassroots efforts, including crowdfunding and membership drives by the IYC and NSUI. This situation raises a crucial question about the state of democracy. Is it under threat? Our hope now lies with the judiciary,” Maken added.
The listening to on Congress grievance in Income Tax Appellate Tribunal (ITAT) towards restoration of the excellent tax due of Rs. 65 crore from INC’s account will resume on Thursday.
Meanwhile, the Income Tax Department on Wednesday submitted earlier than the Income Tax Appellate Tribunal (ITAT) that they acted with accountability and their motion was totally in keeping with the regulation to acquire demand drafts of Rs. 65 crore from the financial institution accounts of Congress get together.