Income tax row: Congress claims BJP stealing money ‘from our banks’
10 months, 2 weeks 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 on his X account that neither the BJP nor the Congress pay the income tax, but still his party is facing ₹210 crore tax demand. Last week, Congress said it has no money to pay its bills as the income tax department froze its accounts over flimsy charges.

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History of this topic

I-T notice to Congress is warning to all political parties, says P. Chidambaram
9 months, 1 week ago

I-T notice to Congress is warning to all political parties, says P. Chidambaram

The Hindu  

The Income Tax department's notice to the Congress, imposing a penalty of ₹135 crore, was a warning to all political parties in the country and the public too, of the BJP's intention to destroy the parties, former union minister P. Chidambaram alleged on Saturday. "The BJP government imposed a fine of ₹135 crore on the Congress party though the saffron …

Himanta Sarma's jibe at Congress over tax notice: 'Against poor, downtrodden'
9 months, 1 week ago

Himanta Sarma's jibe at Congress over tax notice: 'Against poor, downtrodden'

Hindustan Times  

Assam chief minister Himanta Biswa Sarma on Friday took a swipe at the Congress over the income tax notice, saying the party was against "welfare activities, the poor and the downtrodden" if it hadn't been paying its taxes. Assam chief minister Himanta Biswa Sarma Sarma, one of the sharpest critics of the Congress, said the party is denying benefits to …

Congress cites fresh tax notice to attack BJP, war of words ensues
9 months, 1 week ago

Congress cites fresh tax notice to attack BJP, war of words ensues

Hindustan Times  

Income Tax authorities have served the Congress a fresh notice to pay ₹1,823.08 crore, citing arrears in Fiscal Year 94 and between FY17 and FY20, the opposition party announced on Friday as it accused the government of “tax terrorism” three weeks before the general elections kick off. A livid Congress announced nation-wide protests against “continuing tax terrorism of the Modi …

Congress to stage nationwide protest against income tax action, freezing of accounts
9 months, 1 week ago

Congress to stage nationwide protest against income tax action, freezing of accounts

Hindustan Times  

The Congress party on Friday announced to hold a nationwide protest on Saturday and Sunday at the party's state and district headquarters against the income-tax notices, the latest being of around ₹1,700 crore, which was sent earlier today. Read here: Congress gets ₹1,700 crore I-T notice in fresh setback ahead of Lok Sabha elections "In light of this egregious attack …

I-T dept should demand ₹4,600 crore from BJP: Congress's big charge after fresh tax notices
9 months, 1 week ago

I-T dept should demand ₹4,600 crore from BJP: Congress's big charge after fresh tax notices

Hindustan Times  

Day after the Congress was served fresh notices from the income-tax department asking it to pay ₹1,823.08 crore, party treasurer Ajay Maken claimed that while the BJP has committed significant violations, the Congress party has been unfairly targeted by the income tax authorities. Addressing a press conference along with Congress general secretary Jairam Ramesh, Maken on Friday said they analysed …

Congress gets ₹1,700 crore I-T notice in fresh setback ahead of Lok Sabha elections
9 months, 1 week ago

Congress gets ₹1,700 crore I-T notice in fresh setback ahead of Lok Sabha elections

Hindustan Times  

Congress's financial woes have worsened ahead of the Lok Sabha elections with the tax authorities serving the grand old party a notice of around ₹1,700 crore, reported PTI hours after the Delhi high court dismissed the party's petition challenging the reassessment proceedings for four years. The income tax department served the notice of ₹1,700 crore including penalty and interest for …

Just 3-4 of Congress’ bank accounts have been attached, ‘not frozen’: BJP
9 months, 2 weeks 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, …

Delhi HC agrees to hear Congress’s plea against tax re-assessment proceedings
9 months, 3 weeks 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
10 months 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 to move High Court after failing to get relief from Income Tax Appellate Tribunal in tax penalty case
10 months ago

Congress to move High Court after failing to get relief from Income Tax Appellate Tribunal in tax penalty case

The Hindu  

Expressing disappointment over the Income Tax Appellate Tribunal’s dismissal of the Congress party’s appeal against imposition of penalty for discrepancies in tax returns for previous years, the party on Friday said it was exploring all legal options and will move the High Court very soon. Mr. Maken termed the I-T Department’s action to take away funds from the party’s accounts …

Income Tax tribunal dismisses Congress's plea to stop action against bank accounts
10 months ago

Income Tax tribunal dismisses Congress's plea to stop action against bank accounts

Hindustan Times  

In a major setback to the Congress ahead of the 2024 Lok Sabha election, the Income Tax Tribunal on Friday dismissed the party's plea seeking a stay against the income tax department's action against Congress's bank accounts. In February, the income tax department seized the party's four main bank accounts on an income tax demand of ₹210 crore for 2018-19. …

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

Congress accuses Centre of unleashing ‘financial terrorism’ after IT department withdraws ₹65 crore from its accounts
10 months, 2 weeks ago

Congress accuses Centre of unleashing ‘financial terrorism’ after IT department withdraws ₹65 crore from its accounts

The Hindu  

The Congress on February 22 accused the Narendra Modi-led Union government and the Bharatiya Janata Party of unleashing “financial terrorism” on the principal Opposition party to “cripple” their election preparation and deny them a level playing field. Announcing that the Income Tax department had withdrawn ₹65.89 crore from the Congress’ bank accounts, party general secretary K.C. ‘BJP blackmailed its donors’ …

I-T Appellate Tribunal reserves order on Cong plea against ₹65 cr tax recovery
10 months, 2 weeks 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 …

'Does BJP pay?': Income Tax department deducts ₹65 crore from Cong accounts
10 months, 2 weeks ago

'Does BJP pay?': Income Tax department deducts ₹65 crore from Cong accounts

Hindustan Times  

New Delhi: Reacting to the Income Tax department's decision to withdraw ₹65 crore from its accounts, the Congress has questioned the move, claiming political parties don't pay the direct tax in India. Ajay Maken wrote on his X account that neither the BJP nor the Congress pay the income tax, but still his party is facing ₹210 crore tax demand. …

'Does BJP pay income tax?' Cong says I-T dept withdrew ₹65 cr from banks
10 months, 3 weeks ago

'Does BJP pay income tax?' Cong says I-T dept withdrew ₹65 cr from banks

Hindustan Times  

Congress treasurer Ajay Maken on Wednesday said the income tax department has undemocratically withdrawn ₹65 crore from the party's accounts with different banks while the issue of Congress paying income tax is sub judice. Ajay Maken wrote on Twitter sharing details of how much amount has been withdrawn by the income tax from New Delhi's Bank of Baroda, Union Bank …

Congress claims IT department has ‘mandated’ banks to withdraw ₹65 crore from its accounts
10 months, 3 weeks ago

Congress claims IT department has ‘mandated’ banks to withdraw ₹65 crore from its accounts

The Hindu  

The Congress alleged on Wednesday that the Income Tax department has “mandated” banks to withdraws ₹65 crore from its accounts held in different banks. Accounts of the Indian National Congress, Indian Youth Congress, and the National Students’ Union of India have all been marked out by the IT department, Congress treasurer Ajay Maken said. “Yesterday, the Income Tax Department mandated …

Congress challenges tax department for 'undemocratically' withdrawing Rs 65 crore
10 months, 3 weeks 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 …

Tribunal de-freezes Cong’s bank accounts, party slams action on flimsy grounds
10 months, 3 weeks 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 gets tax tribunal relief after bank accounts 'frozen' by I-T department claim
10 months, 3 weeks 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 …

Congress claims bank accounts frozen: 'No money to pay electricity bill, salaries'
10 months, 3 weeks 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, 3 weeks 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 …

Congress distances itself from MP amid Rs 300 crore cash haul in tax raid
1 year, 1 month ago

Congress distances itself from MP amid Rs 300 crore cash haul in tax raid

India Today  

Congress General Secretary Jairam Ramesh on Saturday said the party "is in no way connected with the businesses" of Dheeraj Sahu, the MP in whose premises the Income Tax Department has recovered close to Rs 300 crore of unaccounted cash. The cash was recovered during raids by the Income Tax Department at several locations linked to Dheeraj Sahu in Odisha …

Congress buying votes in TS with money from Karnataka: KTR
1 year, 2 months ago

Congress buying votes in TS with money from Karnataka: KTR

Deccan Chronicle  

Hyderabad: BRS working president K.T. Rama Rao on Friday alleged that the Congress party, which takes 50 per cent commission from businessmen in Karnataka, arranged Rs 42 crore cash which was seized by income-tax department officials in Bengaluru. The Congress, which defeated the BJP government that collected 30 per cent commission, sent 'eight crore to the TPCC chief A. Revanth …

BJP out-earned and out-spent all other national parties in 2020-2021: ADR report
2 years, 6 months ago

BJP out-earned and out-spent all other national parties in 2020-2021: ADR report

The Hindu  

The BJP continued to out-earn and out-spend all other national parties in 2020-2021, with 54% of the income of the eight national political parties going to the BJP, a report by the Association for Democratic Reforms said on Friday. The ADR analysed the annual audited reports submitted to the Election Commission by the BJP, the Congress, the Communist Party of …

Congress party received ₹106 cr unaccounted cash, reveals IT Department
4 years, 1 month ago

Congress party received ₹106 cr unaccounted cash, reveals IT Department

Op India  

The Congress party, which has been under the watch of central investigative agencies over charges of receiving kickbacks in the Agusta Westland case, is now shrouded in yet another controversy. The Income Tax Department has revealed that the cashier at the old Congress headquarters on Akbar Road in New Delhi had received tranches of unaccounted cash between 2016 and 2019, …

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