Topic: Income Tax
“Tax terrorism has to stop”: Congress gets Rs 1,823 crore tax notice ahead of Lok Sabha polls
The Income Tax Department has served a fresh notice of Rs 1,823 crore to the Congress a day after the Delhi High Court rejected the party’s petitions challenging the tax reassessment proceedings for the financial years 2017-’18 to 2020-’21.
Delhi HC dismisses Congress’ plea against income tax reassessment proceedings
The Delhi High Court on Friday dismissed petitions filed by the Congress against the income tax reassessment proceedings that have been initiated against it by the Income Tax Department for the financial years 2014-’15, 2015-’16 and 2016-’17.
30 firms who donated Rs 335 Cr to BJP faced actions by ED, IT, reveals TNM, Newslaundry report
A report by The News Minute and Newslaundry has uncovered that over the past five financial years, at least 30 companies, contributing nearly Rs 335 crore to the Bharatiya Janata Party, faced actions from central agencies like Enforcement Directorate and Income Tax department.
IT department ordered withdrawal of Rs 65 crore from party’s accounts ‘undemocratically,’ alleges Congress
The Congress alleged on Wednesday that the Income Tax Department ordered Rs 65 crore to be withdrawn from its bank accounts “undemocratically” even though proceedings are underway before an appellate authority.
IT Dept freezes NewsClick’s bank accounts, “continuation of administrative-legal siege,” says news portal
As of the evening of December 18, NewsClick has been unable to make any bank payments due to action by the Income Tax Department, said the media house in a statement on Tuesday, 19 December.
IT raids at 40 premises linked to senior DMK MP, “It’s time they stop witch-hunt,” says Stalin
The income tax department on Thursday carried out searches at nearly 40 premises linked to senior Dravida Munnetra Kazhagam’s (DMK) leader and Lok Sabha member S Jagathrakshakan.
