Today (27th March): The Delhi High Court dismissed four new petitions by the Indian National Congress challenging Income Tax reassessment procedures. This follows earlier dismissals concerning different assessment years. The Court noted substantial evidence for further scrutiny of the party’s income. The Congress has faced multiple legal setbacks in tax-related proceedings.
Today (20th March): The Congress party has taken the Income Tax reassessment matter to the Delhi High Court, urging for an urgent hearing. The party’s legal representatives stated that the authorities have reopened assessments for four years. This comes after the Income Tax Appellate Tribunal rejected a plea to stay a notice demanding over Rs 100 crore in outstanding taxes.