The Income Tax Department has served the Congress party a notice of over Rs 1,800 crore, covering the assessment years 2017-18 and 2020-21. This development comes after the Delhi High Court rejected the party’s pleas against tax reassessment proceedings. The notice includes penalties and interest, marking a significant development in the ongoing legal battle. The Congress has accused the BJP of engaging in “tax terrorism” to weaken the opposition financially ahead of the Lok Sabha polls.
Allegations of Financial Impropriety and Political Motives
Congress leaders, including Jairam Ramesh and Ajay Maken, have alleged serious violations of income-tax laws by the BJP and have called for a demand of over Rs 4,600 crore from the saffron party. They have accused the BJP of utilizing the “electoral bonds scam” to collect funds and engaging in “tax terrorism” against political opponents. Despite facing financial pressure, Congress leaders have vowed to continue their campaign for the upcoming parliamentary polls.
Congress Vows to Fight Back
Despite the mounting legal and financial challenges, Congress remains undeterred in its commitment to the electoral process. Party leaders have pledged to intensify their efforts and not be intimidated by the tax notices. They have highlighted selective targeting by the Income Tax Department and described it as the BJP’s “frontal organization.” Congress plans to challenge the Income Tax Department’s demands in the Supreme Court, emphasizing its determination to resist political interference.
Legal Battles Continue
The Delhi High Court’s rejection of Congress’s petitions challenging tax reassessment proceedings has further intensified the legal battle. The court dismissed the pleas, affirming its earlier decision and allowing re-assessment for another year. The ongoing legal proceedings span multiple assessment years, reflecting the complexity and duration of the dispute. Congress’s persistence in pursuing legal avenues underscores its commitment to upholding democratic principles.
Conclusion
The latest tax notice served to Congress underscores the ongoing tension between political parties and regulatory authorities. Allegations of financial impropriety and political motives have further complicated the legal landscape. Despite facing significant challenges, Congress remains resolute in its determination to navigate the legal process and uphold its political objectives.
By : Kruthiga V S
—–
#mindvoice #mindvoicenews #currentaffairs #currentnews #latestnews #ipsc #iaspreparation #UPSC