Income tax notices to the Indian National Congress were issued back in March 2023 and the assessment proceedings demanded for those seven years, as per law, were set to get time barred on March 31, 2024, according to sources.
The Tax Authority conducted an extensive nationwide operation to enforce the taxation of electronic cigarettes and found evidence of tax evasion of tens of millions of Shekels.
Trinamool Congress leader Kunal Ghosh on Friday accused the BJP of misusing government agencies like the Enforcement Directorate (ED), Central Bureau of Investigation (CBI), NIA, and Income Tax.
After the Congress alleged that the party has received fresh notices from the income-tax department, party leader Rahul Gandhi on Friday said that when they come to power, they will take "strict action" against those trying to "murder the democracy."
Accusing the Income Tax Department of double-standards, Congress on Friday alleged that while it has been penalised for "a violation of Rs 14 lakh", the income tax authorities were completely silent on "Rs 42 crore violation" by the BJP and that the violations by the ruling party at the C
The youth, identified as Pramod Kumar Dandotiya (around 25 years old), a resident of Gwalior, came to know about the matter when he received a notice from the Income tax and GST that a company has registered through his PAN card which is being operated in Mumbai and Delhi 2021.
In mounting troubles for Congress amid Lok Sabha poll campaign, the Income Tax Department has issued demand notice of about Rs 1700 crore to the party, sources said
A total amounting to Rs 10.3 lakh crore has been transferred to state governments as devolution of share of taxes by central government, which is Rs 2.25 lakh crore higher than it had done the previous year, the Ministry of Finance said in a release on Thursday.
The Delhi High Court on Thursday dismissed the Indian National Congress (INC) Party plea, challenging Income Tax department order opening of reassessment proceedings against it of 2017-18, 2018-19, 2019-20 and 2020-21.
The Directorate General of Civil Aviation off-rostered pilots of IndiGo Airlines on Wednesday and ordered a detailed investigation after an Indigo plane hit a stationary Air India Express aircraft while taxiing at Kolkata Airport.