Cong Battles I-T Notice On Poll Eve: A Legacy Issue

The Congress faced a temporary hurdle after the Income-Tax department froze its main bank accounts over its returns pertaining to 2018-19. It received a temporary relief after the Income Tax Appellate Tribunal granted relief by de-freezing the accounts until a final hearing next week. In his tweet on X Congress treasurer Ajay Maken said  the I-T department sent “Two Notices — 1st to AICC bankers, and the 2nd to IYC Bankers; A sum of Rs 135,06,88,984/-…(+ Rs 75, 17, 97, 015/- for IYC bank account) is due from the Indian National Congress”.  The Congress party is mandated to ensure that a sum of Rs 115 crore is maintained in its bank accounts. Maken had initially cried foul and tried to dub the I-T action as a vengeful move of the Modi government a day after the Supreme Court had quashed the electoral bonds– some leaders even called for freezing BJP accounts linked to bonds. Maken later conceded that the I-T action had begun long before the Apex Court verdict.  The I-T department had raised a demand of Rs210 crore from the party.  Maken said they were supposed to file their I-T returns for 2018-19 by December 31, 2019, but the party was late by 40-45 days. Maken said since 2019 was an election year, the party had submitted the receipts of Rs 199 crore spent on the elections. Party sources however feel the I-T returns case is a Ahmed Patel legacy issue — it is something that Patel who remained AICC treasurer till his last breath could have easily sorted out. Maybe it was Patel’s way of getting back at an heir apparent Rahul Gandhi who never cared for him.