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Articles for Reassessment, search results for congress

Congress gets ₹1,700 crore I-T notice in fresh setback ahead of Lok Sabha elections
8 months, 3 weeks 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 …

Tax Congress Assessment Party Notice
Congress’ plea against tax re-assessment by I-T authorities dismissed by Delhi High Court
8 months, 3 weeks ago

Congress’ plea against tax re-assessment by I-T authorities dismissed by Delhi High Court

The Hindu  

The Delhi High Court on Thursday rejected the Congress’s plea challenging the initiation of tax reassessment proceedings against it for assessment years 2017 to 2021 by tax authorities. On March 22, the court had rejected the Congress’s plea challenging initiation of reassessment proceedings pertaining to assessment years 2014-15 to 2016-17. While rejecting the plea, the High Court said the Income …

High Court Congress Tax Authorities Assessment Income
Delhi HC Rejects Congress' Plea Against Tax Re-Assessment Proceeding by I-T Dept
8 months, 3 weeks ago

Delhi HC Rejects Congress' Plea Against Tax Re-Assessment Proceeding by I-T Dept

News 18  

The Delhi High Court on Thursday rejected the pleas moved by the Congress party against the initiation of income tax re-assessment proceedings against it for four years by the tax authorities. Earlier on March 22, the court dismissed the petitions filed by Congress to challenge the re-assessment proceedings for assessment years 2014-15, 2015-16 and 2016-17. The latest four petitions for …

Congress Proceeding
Delhi HC dismisses Congress' plea against tax re-assessment by IT authorities
8 months, 3 weeks ago

Delhi HC dismisses Congress' plea against tax re-assessment by IT authorities

India TV News  

New Delhi: The Delhi High Court dismissed petitions filed by Congress challenging the initiation of tax re-assessment proceedings against it for a period of four years by tax authorities. In the earlier petition, which was dismissed last week, the Congress party had challenged the initiation of re-assessment proceedings pertaining to assessment years 2014-15 to 2016-17. The High Court had previously …

Delhi Tax Congress
Delhi High Court rejects Congress pleas against tax reassessment proceedings
8 months, 3 weeks ago

Delhi High Court rejects Congress pleas against tax reassessment proceedings

India Today  

The Delhi High Court on Thursday dismissed four fresh petitions moved by the Congress party, challenging the Income Tax reassessment proceedings initiated against it. A division bench of Justices Yashwant Varma and Purushaindra Kumar Kaurav rejected the petitions after both the Congress and the Income Tax Department agreed that the latest petitions stand covered by the judgment recently pronounced by …

Congress Assessment Court Rejects Tax Department Delhi High
Delhi High Court rejects Congress’s plea against tax reassessment
9 months ago

Delhi High Court rejects Congress’s plea against tax reassessment

The Hindu  

In a huge setback to the Congress ahead of the Lok Sabha elections, the Delhi High Court on Friday rejected its pleas challenging the reassessment proceedings initiated against it by the Income Tax department. The Congress has challenged initiation of proceedings under Section 153C of the Income Tax Act for assessment pertaining to assessment years 2014-15 to 2016-17. The I-T …

Tax Court Congress Assessment Income
Delhi HC reserves order on Congress’s pleas against tax reassessment proceedings
9 months ago

Delhi HC reserves order on Congress’s pleas against tax reassessment proceedings

The Hindu  

The Delhi High Court on Wednesday reserved its verdict on the Congress’s plea against the tax reassessment proceedings initiated against it by the Income Tax department for three successive years from 2014-15. Senior advocate Abhishek Singhvi, representing the Congress, said the tax reassessment proceedings are barred by limitation and the I-T department could have gone back to a maximum of …

Tax Congress Department Reassessment Proceedings Tax Reassessment Proceedings
Congress Approaches Delhi HC Against Tax Re-assessment Proceedings
9 months ago

Congress Approaches Delhi HC Against Tax Re-assessment Proceedings

News 18  

The Congress on Wednesday approached the Delhi High Court against tax re-assessment proceedings against it by the authorities. The matter was mentioned by the counsel for the political party before a bench of Acting Chief Justice Manmohan and Justice Manmeet PS Arora which agreed to list it for hearing on Thursday. Recently, the high court had refused to interfere with …

Tax 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 …

Tax Congress Recovery Proceedings