India

Delhi High Court to Hear Congress Party’s Petition in Rs 210 Crore Income Tax Case on March 20

The Delhi High Court is scheduled to hear a petition filed by the Congress Party regarding an ongoing income tax dispute on March 20. The case revolves around the Income Tax Department’s decision to initiate a three-year assessment proceeding against the political party.

This development comes after the Income Tax Department took legal action against the Congress Party, contesting an earlier order to commence assessment proceedings. The High Court had previously declined to intervene in the Income Tax Department’s actions concerning the Congress Party’s bank accounts.

The dispute stems from alleged irregularities in the Congress Party’s tax returns, with the Income Tax Department imposing a hefty fine of Rs 210 crore. In response, the Congress Party challenged this decision by filing an appeal with the Income Tax Appellate Tribunal.

However, on March 8, the Tribunal refused to grant a stay on the Income Tax Department’s actions, prompting the Congress Party to escalate the matter to the Delhi High Court.

Also read: Petition Challenging Section 64 Of CRPC Will Be Heard In SC On March 20

The outcome of this legal battle could have significant implications for both the Congress Party and the Income Tax Department. The Congress Party’s finances and its ability to operate effectively could be affected by the hefty fine imposed by the tax authorities. On the other hand, the Income Tax Department’s actions will be scrutinized by the judiciary to ensure adherence to legal procedures and fairness.

The March 20 hearing at the Delhi High Court will be closely watched by political observers and legal experts alike, as it could provide clarity on the legality of the Income Tax Department’s actions and the Congress Party’s recourse in addressing alleged tax irregularities.

Kavya Bhatt

Recent Posts

Pakistan’s Digital Frontline: Jokes, Memes And Savage Self-Roasts

While tensions between India and Pakistan escalate post the tragic Pahalgam terror attack, something unexpected…

7 hours ago

Reliance Industries Q4 Net Profit Rises 6.4% As Retail And Digital Units Offset Energy Weakness

Reliance Industries delivered a strong Q4 FY25 performance, with Y-o-Y net profit rising 6.4% to…

7 hours ago

Yash Pratap Singh And Mehak Jaiswal Top UP Board Exams With Outstanding Scores

Yash Pratap Singh of Jalaun tops Class 10 with 97.83%, while Prayagraj’s Mehak Jaiswal secures…

7 hours ago

Yogi Adityanath Calls For Reforms To Make Madrasa Education Modern And Employment-Oriented

Chief Minister Yogi Adityanath on Friday emphasised the need for sweeping reforms in the madrasa…

8 hours ago

Tulsi Gabbard Backs India’s Hunt For Pahalgam Terror Attack Perpetrators

United States Director of National Intelligence (DNI) Tulsi Gabbard on Friday expressed strong support for…

9 hours ago

World Leaders Head To Rome For funeral Of Pope Francis

Indian President Droupadi Murmu will also attend, representing India alongside Union Minister Kiren Rijiju, Minister…

10 hours ago