Supreme Court questions Delhi HC order on sending Congress back to ITAT

Supreme Court questions Delhi HC order on sending Congress back to ITAT

The Income-Tax (I-T) department on Tuesday informed the Supreme Court that it has recovered outstanding taxes from the Congress. The I-T department had issued a demand notice to the Congress for recovery of nearly ₹105 crore as outstanding taxes. The development took place during the resumed hearing of a plea filed by Congress against a … Read more

Congress: Cong Questions I-T taking away Rs 65 crore from its bank accounts when tribunal hears case

Congress: Cong Questions I-T taking away Rs 65 crore from its bank accounts when tribunal hears case

Congress has objected to the Income-Tax department enforcing its lien and recovering over ₹65 crore from the party’s bank accounts against a total outstanding claim of ₹115 crore. The party leadership asked how the I-T department could enforce the lien on Tuesday, when the Income Tax Appellate Tribunal (ITAT) was set to hear its petition … Read more