The Delhi Excessive Courtroom on Monday allowed pressing itemizing of Congress’s particular depart petition in opposition to the Earnings Tax Appalate Tribunal (ITAT) order dismissing its plea in search of keep on the restoration of excellent tax for the evaluation 12 months 2018-19.
The Congress had moved Delhi Excessive Courtroom difficult ITAT order dismissing its plea in search of keep on the restoration of excellent tax for the evaluation 12 months 2018-19.
Senior Advocate and Congress chief Vivek Tankha talked about the case earlier than the division bench headed by Appearing Chief Justice Manmohan which allowed pressing itemizing of the matter for at present.
Tankha stated that Congress’s accounts have been frozen and their keep software was rejected by the ITAT.
He urged the court docket that that is the height time for elections. He stated that ITAT had protected the social gathering, however now that’s gone.
final month, the Congress social gathering discovered itself embroiled in a authorized tussle with the Earnings Tax Division forward of the Lok Sabha Elections 2024.
On February 16, the Congress treasurer Ajay Maken alleged that the Earnings Tax Division has frozen 4 of its financial institution accounts and has demanded Rs 210 crore in reference to the social gathering’s earnings tax returns in 2018-19. Maken stated that 2018-2019 was the election 12 months, and the deadline to submit account particulars was December 31, 2019. The Congress social gathering was late by 40-45 days.
Following this, the social gathering moved to the ITAT with an attraction in opposition to the freezing of its financial institution accounts and in search of a keep on the IT Division’s motion.
The ITAT nevertheless, dismissed the plea by Congress on Thursday, saying that its intervention in not wanted at this stage within the case.
After the primary ITAT listening to, Congress trasurer Ajay Maken stated that the Earnings Tax Division and the ITAT have lifted the freeze on its financial institution accounts however has stated that the social gathering has to make sure that Rs 115 crores are stored within the banks as lien. The ITAT allowed the Congress social gathering to spend quantities over and above Rs 115 crores. However, the Congress social gathering claimed that it has a lot lower than Rs 115 crores on their present account.
The Congress additionally stated that the I-T Division additionally initiated a restoration course of by withdrawing the out there Rs 65.8 crores from the Congress’s financial institution accounts. The Congress claimed that they’re being wrongly focused by the I-T Division and stated that no nationwide social gathering pays Earnings Tax.