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The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that the TDS cannot be isolatedly taken in any assessment year without offering the corresponding income for taxation.The bench. ....
"The Income Tax department had written to various banks to withdraw a sum of Rs 65 crore from different bank accounts of the Congress and Indian Youth Congress in view of the demand raised by the Income Tax authorities earlier, despite the appellate authorities hearing the case," Maken told PTI. ....
Congress objects to ₹65 crore recovery by I-T department against ₹115 crore claim. Party questions enforcement of lien before ITAT hearing. BJP s move threatens democracy. Congress hints at legal recourse against ₹210 crore demand. Grassroots efforts questioned. Judiciary holds hope for Congress. ....
India News: The Income Tax department has withdrawn Rs 65 crore from Congress' bank accounts, including Indian Youth Congress, despite the pending appeal before t ....