Congress gets tax tribunal relief after bank accounts 'frozen' by I-T department claim
10 months, 1 week ago

Congress gets tax tribunal relief after bank accounts 'frozen' by I-T department claim

Hindustan Times  

Congress leader Vivek Tankha on Friday said that the party's bank accounts were unfrozen by the Income Tax Appellate Tribunal after the party filed an appeal. The clarification came shortly after the Congress said Income Tax authorities had frozen its main bank accounts, impacting all political activity. Vivek Tankha's statement comes after Congress treasurer Ajay Maken said the I-T department had frozen the Congress' main bank accounts on “flimsy grounds” and this affected all political activity of the party barely two weeks before general elections were announced. Reacting to the development Congress president Mallikarjun Kharge said in a post on X, "Power drunk Modi Government has frozen the accounts of the country's largest Opposition party - the Indian National Congress - just before the Lok Sabha elections."

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History of this topic

Just 3-4 of Congress’ bank accounts have been attached, ‘not frozen’: BJP
9 months ago

Just 3-4 of Congress’ bank accounts have been attached, ‘not frozen’: BJP

The Hindu  

The Congress has multiple bank accounts and just three-four of them have been attached, "not frozen", for non-payment of tax dues, the BJP said on March 23, accusing the opposition party of making misleading statements on the issue sensing its "imminent" defeat in the Lok Sabha poll. You can deposit money in these accounts and withdraw too, except ₹125 crore, …

Congress Targets PM for Freezing Its Bank Accounts
9 months ago

Congress Targets PM for Freezing Its Bank Accounts

Deccan Chronicle  

NEW DELHI: The cash-strapped Congress has alleged that Prime Minister Narendra Modi was orchestrating a deliberate campaign to financially bind the party. In a rare press conference with Congress president Mallikarjun Kharge and Rahul Gandhi, Sonia Gandhi said electoral bonds have, on one hand, benefited the BJP hugely, and on the other, the finances of the principal Opposition party are …

Congress party accuses government of account freezing before India election
9 months ago

Congress party accuses government of account freezing before India election

Al Jazeera  

The main opposition party says Modi government has ‘crippled’ it before the upcoming election by freezing bank accounts in an income tax case. The Congress party, India’s main opposition political group, has accused Prime Minister Narendra Modi’s government of stifling democracy and “crippling” the party by freezing its bank accounts in a tax dispute ahead of the general election. Congress …

Delhi HC agrees to hear Congress’s plea against tax re-assessment proceedings
9 months ago

Delhi HC agrees to hear Congress’s plea against tax re-assessment proceedings

The Hindu  

The Delhi High Court on Tuesday listed a petition by the Congress against tax re-assessment proceedings against it for hearing on Wednesday. Last week, the High Court had rejected Congress party’s plea challenging an order of the Income Tax Appellate Tribunal declining to stay an Income Tax Department notice for recovery of outstanding tax of more than ₹100 crore. Senior …

IT tribunal dismisses Congress' plea against action by tax authorities
9 months, 2 weeks ago

IT tribunal dismisses Congress' plea against action by tax authorities

Hindustan Times  

​The Income Tax Appellate Tribunal on Friday dismissed the Congress’s appeal against action by tax authorities over alleged discrepancies in tax returns that the party says has crippled its functioning just weeks ahead of general elections. IT authorities have attached ₹65 crore from five bank accounts of the Congress and its youth and students’ wings against the lien of ₹115 …

Congress party's plea to stay IT action against its bank accounts dismissed
9 months, 2 weeks ago

Congress party's plea to stay IT action against its bank accounts dismissed

India TV News  

The Income Tax Appellate Tribunal has rejected a plea filed by the Congress Party seeking a stay on Income Tax Department proceedings to recover dues and freeze their bank accounts. IT department's response The IT department argued on February 21 that the demand would not hinder Congress's electoral activities, citing the party's substantial financial resources. Previous allegations and clarifications On …

I-T Appellate Tribunal reserves order on Cong plea against ₹65 cr tax recovery
10 months ago

I-T Appellate Tribunal reserves order on Cong plea against ₹65 cr tax recovery

Live Mint  

Income Tax Appellate Tribunal reserved order on the plea by Congress seeking a stay against I-T Department's proceedings of recovery and freezing of the grand old party's bank accounts. The Income Tax Department had recovered ₹65 crore from the accounts of the Indian National Congress out of the total outstanding tax dues of ₹115 crore. The Congress' main bank accounts …

Income tax row: Congress claims BJP stealing money ‘from our banks’
10 months ago

Income tax row: Congress claims BJP stealing money ‘from our banks’

Hindustan Times  

New Delhi: The Bharatiya Janata Party is stealing money from the Congress's bank accounts, said party leader KC Venugopal on Thursday, reacting to the Income Tax department deducting ₹65.89 crore from AICC, Indian Youth Congress and NSUI accounts. KC Venugopal said the BJP has never given any income tax as a political party. On Wednesday, Congress leader Ajay Maken wrote …

Congress challenges tax department for 'undemocratically' withdrawing Rs 65 crore
10 months ago

Congress challenges tax department for 'undemocratically' withdrawing Rs 65 crore

India Today  

The Congress on Wednesday appealed before the Income Tax Appellate Tribunal alleging that the tax department "undemocratically" withdrew a sum of Rs 65 crore from its accounts in different banks. "Yesterday, the Income Tax Department mandated banks to transfer over Rs 65 crores from @INCIndia, IYC, and NSUI accounts to the government— Rs 5 crores from IYC and NSUI, and …

Top news of the day: Putin critic Navalny reported dead in jail, world leaders blame Kremlin; I-T tribunal allows Congress to operate bank accounts hours after party announces they were frozen, and mo
10 months, 1 week ago

Top news of the day: Putin critic Navalny reported dead in jail, world leaders blame Kremlin; I-T tribunal allows Congress to operate bank accounts hours after party announces they were frozen, and mo

The Hindu  

Jailed Russian opposition leader Navalny reported dead; Western leaders blame Kremlin Alexei Navalny, Russia’s most famous opposition leader, died on February 16 after collapsing and losing consciousness at the penal colony north of the Arctic Circle where he was serving a long jail term, the Russian prison service said. I-T department freezes bank accounts of Congress, Youth Congress; party approaches …

Tribunal de-freezes Cong’s bank accounts, party slams action on flimsy grounds
10 months, 1 week ago

Tribunal de-freezes Cong’s bank accounts, party slams action on flimsy grounds

Hindustan Times  

The Income Tax Appellate Tribunal has de-frozen Congress’s bank accounts until a hearing next week, party leader Vivek Tankha said on Friday even as the main Opposition party slammed the action on “flimsy” and “laughable” grounds” impacting its activities weeks before the announcement of the national poll schedule. Congress chief Mallikarjun Kharge called the action “a deep assault on India’s …

Congress claims bank accounts frozen: 'No money to pay electricity bill, salaries'
10 months, 1 week ago

Congress claims bank accounts frozen: 'No money to pay electricity bill, salaries'

Hindustan Times  

The Congress party on Friday alleged that four of its main bank accounts have been frozen by the Income Tax department on “flimsy grounds”. The accounts, including that of the Indian Youth Congress, were frozen on an Income Tax demand of ₹210 crore for 2018-19, an election year, Congress treasurer Ajay Maken said. However, an hour after Maken's press conference, …

India’s Congress says $25m frozen by tax department ahead of election
10 months, 1 week ago

India’s Congress says $25m frozen by tax department ahead of election

Al Jazeera  

Main opposition party says bank accounts frozen just weeks before the expected announcement of the general election. The Indian National Congress party says its bank accounts with 2.1 billion rupees in deposits have been frozen by the Income Tax Department months before the national election. “When the principal opposition party’s accounts have been frozen just two weeks before the announcement …

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