tax notices
| March 31, 2024, 9:18 a.m.
Congress Faces Fresh Income Tax Notices, Total Demand Soars to ₹3,567 Crore
The Congress party is facing mounting trouble as it receives fresh notices from the Income Tax department, demanding ₹1,745 crore for assessment years 2014-15 to 2016-17. This adds to the previous demand, bringing the total to ₹3,567 crore. The notices include taxes on the party's entire collections, withdrawal of tax exemption for political parties, and taxation on "third-party entries" found in seized diaries. Congress has challenged the tax demand in court, alleging "tax terrorism" by the ruling BJP and calling for a level playing field during the 2024 Lok Sabha elections.
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