Shock after shock for Congress, this step of Income Tax Department increased the problems further

New Delhi: The Congress party received a blow from the Delhi High Court on Thursday. After that the Income Tax Department increased the problems further. The Income Tax Department has given a notice of about Rs 1700 crore to the Congress Party. With this, the economic concerns of the country’s oldest party have increased just before the Lok Sabha elections. The new demand of the Income Tax Department is for 2017-18 to 2020-21. This includes both penalty and interest. This amount is likely to increase further. The Income Tax Department is waiting for the revaluation of income from 2021-22 to 2024-25. Its cut-off date will be completed by Sunday. Congress lawyer and Rajya Sabha MP Vivek Tankha said the party would pursue the legal challenge. He termed this action of the Income Tax Department as undemocratic and unfair. Rajya Sabha MP and Congress lawyer Vivek Tankha alleged that a fresh notice worth about Rs 1,700 crore was sent to the party on Thursday without key documents. He said that the main opposition party of the country is being strangled financially and that too during the Lok Sabha elections. The Delhi High Court on Thursday dismissed Congress’ pleas challenging the initiation of tax reassessment proceedings against it by the tax authorities for a period of four years. A division bench of Justice Yashwant Verma and Justice Purushendra Kumar Kaurav said the petitions are dismissed in accordance with its earlier judgment refusing to interfere in introducing revaluation for another year. The present matter pertains to the assessment from the year 2017 to 2021. In another petition dismissed last week, the Congress party had challenged the initiation of revaluation proceedings relating to assessment years 2014-15 to 2016-17. On March 22, the High Court had rejected those arguments and said that the tax authority had prima facie collected sufficient and concrete evidence, which required further investigation. In the petition, Congress had argued that the action under section 153C (assessment of income of any other person) of the Income Tax Act was based on investigations that were conducted on four persons in April, 2019 and beyond a certain time limit. Was.