Income Tax Appellate Tribunal (ITAT) on Thursday reserved its order on a plea by the Congress party, which has sought a stay against Income Tax Department proceedings of recovery and freezing of their bank accounts
Raising concerns over the withdrawal of Rs 65 crore "undemocratically" from the Congress' bank accounts by the income tax department, party leader Ajay Maken said that despite the sub judice nature of the matter, the Congress party is facing an unprecedented demand of Rs 210 crore when th
The Income Tax Department yesterday recovered Rs 65 crore from the accounts of the Indian National Congress out of the total outstanding tax dues of Rs 115 crore
The Income Tax department will follow the normal course of action against tax recovery in the case of the Congress, sources said after party general secretary Ajay Maken alleged that the party's accounts have been frozen by the Income Tax department.
In an interim relief to the Congress party on Friday, the Income Tax Appellate Tribunal (ITAT) allowed it to operate its frozen bank accounts with a lien of the Income Tax department.
The Congress chief came down heavily on the Prime Minister Narendra Modi-led central government after the alleged freezing of the grand old party's bank accounts by the Income Tax department.
Congress general secretary Ajay Maken alleged that the party's accounts have been frozen by the Income Tax department and called it the "freeze of democracy".
The Congress MP has been in the news since December last year after the Income Tax department seized Rs 351.8 crore in cash during raids on the premises linked to Odisha-based Boudh Distillery Pvt Ltd, promoted by his family.
The Delhi High Court on Monday set aside the Central Information Commission's (CIC's) direction to the Income Tax Department to provide RTI information and copies related to income tax exemption allowed to the PM Cares Fund.
The Income Tax department initiated search and seizure operations in the case of a group engaged in the manufacturing of wires, cables and other electrical items on December 22, 2023, the agency said in a statement on Wednesday.