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Congress in trouble over tax reassessment by IT authorities

Congress in trouble over tax reassessment by IT authorities

In mounting trouble for the grand old party just before the Lok Sabha polls, the Delhi High Court today rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it for four years by tax authorities.

A bench of Justices Yashwant Varma and Purushaindra Kumar Kaurav said the pleas were dismissed in terms of its earlier decision refusing to interfere with the opening of re-assessment for another year.

In the earlier petition, which was dismissed last week, the Congress party had challenged the initiation of re-assessment proceedings about assessment years 2014-15 to 2016-17. The present matter pertains to assessment years 2017 to 2021.

Congress in trouble over tax reassessment by IT authorities

Congress in trouble over tax reassessment by IT authorities

In mounting trouble for the grand old party just before the Lok Sabha polls, the Delhi High Court today rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it for four years by tax authorities.

A bench of Justices Yashwant Varma and Purushaindra Kumar Kaurav said the pleas were dismissed in terms of its earlier decision refusing to interfere with the opening of re-assessment for another year.

In the earlier petition, which was dismissed last week, the Congress party had challenged the initiation of re-assessment proceedings about assessment years 2014-15 to 2016-17. The present matter pertains to assessment years 2017 to 2021.

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