Tax Terrorism - How far is it true?
If you or me, a common man or citizen of the country, whose tax is deducted at source failed to file returns, we are taken to task. It even goes to the extent of arrest too! However, the same IT is partial to political parties and politicians. Not only they can refuse but they can evade paying tax too. They can go to Court, drag and stall the entire procedures and buy time as they wish! Indian National Congress, a party that brags about itself, as the only party to fight for India's Independence is having serious issues now with the Income Tax office of India. The party received a fresh notice of over Rs 1,745 crore, total tax demand rises to Rs 3,567 crores from the Income Tax office of India. After the Income-Tax department’s raids before the 2019 Lok Sabha elections, revealing alleged “unaccounted transactions” totaling Rs 523.87 crore, a series of notices have been issued. The party was served notices by the Income-Tax department spanning five years (Assessment Yea...