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Congress gets fresh I-T notice of over Rs 1,745 crore, total tax demand rises to Rs 3,567 crore

Lok Sabha elections: Congress served Rs 1,700 cr notice by I-T Dept, a fresh setback ahead of Lok Sabha elections

The Congress party has been issued a notice of around Rs 1,823 crore by the Income Tax department, adding to its financial worries before the crucial 2024 Lok Sabha elections, as per a report from TOI on Friday. This action follows the rejection of the party s appeal against reassessment proceedings for four assessment years by the Delhi High Court. The newly imposed demand relates to assessment years 2017-18 to 2020-21, encompassing penalties and interest.

BJP: Congress leader Ajay Maken accuses BJP of tax terrorism , calls for I-T dept to pursue over Rs 4,600 cr demand from saffron party

Speaking at a press conference held at the AICC headquarters alongside Congress General Secretary Jairam Ramesh, party treasurer Ajay Maken alleged serious violations of income-tax laws by the BJP. Maken emphasized the need for the Income Tax department to demand over Rs 4,600 crore from the saffron party for these purported infractions.

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