'Concrete' evidence against Congress with income tax department, says Delhi high court
Friday, 22 March 2024
Delhi high court on Friday dismissed its petitions challenging income tax department's proceedings to reassess its income, noting that the party had come to court at the "fag end" of the process and I-T department had collated "substantial and concrete" evidence warranting further scrutiny of its income. Court said on the basis of the material, which was gathered in those searches, the assessing officer also drew corresponding ‘satisfaction notes’ for initiation of proceedings against Congress.
Delhi high court on Friday dismissed its petitions challenging income tax department's proceedings to reassess its income, noting that the party had come to court at the "fag end" of the process and I-T department had collated "substantial and concrete" evidence warranting further scrutiny of its income. Court said on the basis of the material, which was gathered in those searches, the assessing officer also drew corresponding ‘satisfaction notes’ for initiation of proceedings against Congress.
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