Congress to challenge ITAT order on tax demand in Delhi HC

The Congress party plans to move the Delhi High Court early next week to challenge the Income Tax Appellate Tribunal's dismissal of its plea for a stay on the Income Tax Department's lien on its bank accounts. Congress sought a stay on the department's demand of ₹210 crore for alleged tax liabilities and penalties for 2018-19, arguing that it hindered its financial requirements for the upcoming Lok Sabha elections. Congress lawyer Vivek Tankha expressed disappointment over the dismissal and stated that they would appeal to the high court.

from News-Economic Times https://ift.tt/ekMZqNB
via IFTTT

Comments

Post a Comment

Popular posts from this blog

British PM Keir Starmer attempts post-Brexit reset with Europe visits

British Prime Minister Keir Starmer is in Germany and will visit France to focus on post-Brexit relationships. He met German Chancellor Olaf Scholz to discuss a new bilateral treaty aimed at boosting trade, defense cooperation, and tackling illegal migration. Starmer aims to rebuild vital European relationships for economic growth and joint action on pressing issues. from News-Economic Times https://ift.tt/9DARoXP via IFTTT
Read more

Lok Sabha Elections 2024: Nail art & society events, marathons help Jalgaon voter turnout race past 53%

The Jalgaon district administration, in collaboration with citizen groups, employed various strategies to increase voter turnout, historically low at around 46 to 48 percent. Targeting the low turnout among the middle and upper-middle classes (19 to 34%), efforts included motorcycle rallies, walkathons, and designer dress incentives. Collaborating with Rotary clubs, industrial associations, and social organizations, the initiative aimed to emphasize the importance of voting. These efforts led to a significant increase, with voter turnout in Jalgaon rising from 46% to 53%. from News-Economic Times https://ift.tt/eUZIxku via IFTTT
Read more