IT issues notice to Congress, asks to pay Rs 1,700 crore tax
Solid evidence was available with the income tax authorities to proceed with the assessment, justifying the action taken.
Solid evidence was available with the income tax authorities to proceed with the assessment, justifying the action taken.
The Income Tax Appellate Tribunal lifted the ban on frozen accounts of Congress at 12.30 p.m.
He assured that he is prepared to provide a detailed account for all financial transactions.
IT Department raid, going on for 5 days, on the premises of Congress Rajya Sabha MP, has come to an end now.
Issuing notices to these officers, the division bench of justices Bhargav D Karia and Niral Mehta remarked that it was an exercise of “Atrocious power in the guise of search of an advocate.
In these raids, more than 300 crore cash was found and still, the counting of notes is going on. They say that this cash might rise to even 500 crore.
Trump warned India that he would impose a reciprocal tax on India when he comes to power the next year.
On condition of anonymity, two officials of the “Central Board of Direct Taxes” provided information, “The BBC has emailed our office and acknowledged tax evasion”.