Congress Gets Fresh Income Tax Notice of Rs 1,700 Crore, Govt Sources Claim 'Piecemeal Payments Made So Far'
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The Income Tax department has served a fresh notice of ₹1,700 crore to the Congress for discrepancies in tax returns for previous years, dealing another blow to the cash-strapped party ahead of the Lok Sabha polls, sources said on March 29.
The tax penalties along with interest relate to discrepancies in tax returns for years 2017-18 to 2020-21, the sources said. The fresh notice was received earlier this week.
The Congress is already facing a funds crunch after Income Tax authorities imposed a penalty of ₹210 crore and froze its funds. The party has not received any relief from the High Court in the case and is likely to move the Supreme Court.
“ We have received the income tax notice for the use of the old PAN card,
D. Raja,
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“ The notices are being sent to cripple us financially. This is tax terrorism, and this is being used to attack Congress. This has to stop,
Jairam Ramesh,
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“ Efforts are being made to financially cripple the Congress, but we are not going to be cowed down,
Jairam Ramesh,
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“ Such exemplary action will be taken that no one will dare to do all this again. This is my guarantee,
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“ The notices are being sent to cripple us financially. This is tax terrorism, and this is being used to attack the Congress, This has to stop,
Jairam Ramesh,
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