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Tax Relief For Congress till Elections

Tax Relief For Congress till Elections

The Centre assured the Supreme Court that it would refrain from pursuing tax recovery against the Congress, amounting to ?3,500 crore, ahead of the Lok Sabha polls. The court scheduled the next hearing for July 24. The Congress had contested Income Tax notices demanding ?3,567 crore, accusing the BJP of "tax terrorism" to hinder its financial stability pre-election.

Tax authorities previously withdrew ?135 crore from the party's accounts. Solicitor General Tushar Mehta stated that no coercive action would be taken until after the polls, clarifying that the matter concerned a subsequent ?1,700 crore demand, emphasizing a post-election resolution.

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Tax Relief For Congress till Elections

Tax Relief For Congress till Elections

The Centre assured the Supreme Court that it would refrain from pursuing tax recovery against the Congress, amounting to ?3,500 crore, ahead of the Lok Sabha polls. The court scheduled the next hearing for July 24. The Congress had contested Income Tax notices demanding ?3,567 crore, accusing the BJP of "tax terrorism" to hinder its financial stability pre-election.

Tax authorities previously withdrew ?135 crore from the party's accounts. Solicitor General Tushar Mehta stated that no coercive action would be taken until after the polls, clarifying that the matter concerned a subsequent ?1,700 crore demand, emphasizing a post-election resolution.

 
 
 
 
 

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