• About us
  • Contact us
  • Our team
  • Terms of Service
Wednesday, August 5, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Cong gets fresh I-T notice of over Rs 1,745 crore, total tax demand rises to Rs 3567 crore

Press Trust of india by Press Trust of india
March 31, 2024
in BUSINESS
A A
0
FacebookTwitterWhatsapp

New Delhi: In mounting trouble for the Congress, sources in the party said it has received fresh notices from the Income Tax department, raising a tax demand of Rs 1,745 crore for the assessment years 2014-15 to 2016-17.

With this latest notice, the Income Tax department has raised a total demand of Rs 3,567 crore from the Congress.

More News

Taxation laws (Amendment) Bill introduced in LS

Punjab Assembly passes resolution against E20 fuel policy

Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance

Load More

According to sources, the fresh tax notices relate to 2014-15 (Rs 663 crore), 2015-16 (around Rs 664 crore) and 2016-17 (around Rs 417 crore). The authorities have ended the tax exemption available to political parties and have taxed the party for the entire collections, they added.

The Congress has also been taxed for “third-party entries” made in diaries seized from some of its leaders by probe agencies during raids, the sources said.

The main opposition party on Friday said that it has received notices from the I-T department, asking it to pay around Rs 1,823 crore. The tax authorities have already withdrawn Rs 135 crore from the party’s accounts for a tax demand relating to previous years.

The Congress has moved the court against the Rs 135-crore tax demand and the case is likely to come up before the Supreme Court on Monday. The party has failed to get any relief from the High Court of the Income Tax Appellate Tribunal in this regard.

Congress leaders have contended that similar third-party entries naming BJP leaders in other diaries have not been levied any tax. They have accused the BJP of indulging in “tax terrorism” and financially crippling the principal opposition party during the 2024 Lok Sabha elections.

By doing so, they are disturbing the level playing field during elections, the Congress has alleged. It has also complained to the Election Commission in this regard and urged it to maintain a level playing field.

Previous Post

Lot of ‘onion peeling’ for attaining global first: SEBI chief on T+0 settlements

Next Post

Work on to convert sugarcane belts into energy belts: PM Modi in Meerut

Press Trust of india

Press Trust of india

Related Posts

Taxation laws (Amendment) Bill introduced in LS

FM proposes Rs 1.18 lakh cr interim Budget for J&K
August 4, 2026

New Delhi:  Finance Minister Nirmala Sitharaman on Tuesday introduced the 'Taxation and other Laws (Amendment) Bill, 2026' in the Lok...

Read moreDetails

Punjab Assembly passes resolution against E20 fuel policy

Petrol crosses Rs 90-mark in Mumbai, rates at all-time high across country
August 4, 2026

Chandigarh:  The Punjab Assembly on Tuesday passed a resolution against the Centre's E20 ethanol blended fuel policy, expressing concern over...

Read moreDetails

Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance

August 4, 2026

New Delhi:  The government will continue to adopt appropriate fiscal and administrative measures to mitigate the impact of future fuel...

Read moreDetails

Rajya Sabha passes bill to tackle payment delays faced by MSMEs amid Opposition protests

Parliament’s Monsoon session ends: Lok Sabha, Rajya Sabha adjourned sine die
August 3, 2026

New Delhi: The Rajya Sabha on Monday passed a bill that seeks to tackle the issue of delayed payments to...

Read moreDetails

SC flags concerns over functioning of Pharmacy Council, says regulatory uncertainty hurts students

SC says will consider listing of pleas challenging abrogation of Article 370
August 3, 2026

New Delhi: The Supreme Court on Monday expressed serious concerns over the functioning of the Pharmacy Council of India (PCI)...

Read moreDetails

India approves just 1 Chinese FDI proposal worth Rs 1 cr, 13 Hong Kong proposals worth Rs 610.42 cr

India top recipient of Commonwealth FDI: Report
August 2, 2026

  New Delhi:  India approved just one Chinese FDI proposal worth Rs 1 crore, while clearing 13 applications from Hong Kong...

Read moreDetails
Next Post
PM Modi seeks people’s feedback on progress achieved by India in last 10 years

Work on to convert sugarcane belts into energy belts: PM Modi in Meerut

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.