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I-T serves Congress Rs 1, 700 crore notice after HC rejects its plea on reassessment

IndiaTimes Thursday, 28 March 2024
The Income Tax department serves the Congress party a notice of approximately Rs 1,700 crore covering assessment years 2017-18 to 2020-21. Congress faces financial strain with penalties and interest, challenging the move as undemocratic. Tax department recovers Rs 135 crore from Delhi bank accounts, intensifying pressure on the main opposition party.
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Video Credit: Oneindia - Published
News video: Congress Receives Massive Rs 1,800 Crore Tax Notice Ahead of 2024 Lok Sabha Elections| Oneindia News

Congress Receives Massive Rs 1,800 Crore Tax Notice Ahead of 2024 Lok Sabha Elections| Oneindia News 02:27

 The Income Tax Department issues a notice of over Rs 1,800 crore to the Congress, prompting allegations of tax coercion by the BJP. The Congress vows to resist, accusing the BJP of financial wrongdoing and targeting opposition parties selectively. Despite legal setbacks, the Congress remains...

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