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