City
Epaper

After Congress, CPI Receives Income Tax Notice for Rs 11 Crore 'Dues' Over Use of Old PAN Card, Say Sources

By Lokmat English Desk | Published: March 29, 2024 3:38 PM

The Communist Party of India received an income-tax notice to pay 'dues' of Rs 11 crore for using an ...

Open in App

The Communist Party of India received an income-tax notice to pay 'dues' of Rs 11 crore for using an old PAN card while filing tax returns during the last few years, sources told news agency PTI on Friday. The Left party is consulting its lawyers to challenge the notice of the tax authorities.

The sources also told PTI that the “dues” to be paid to the I-T department include penalties and interest due to authorities for “discrepancies” in the party's use of an old PAN card. “We are seeking legal assistance and consulting our lawyers,” a senior CPI leader told PTI.

Earlier on Friday, the IT department served a fresh notice of Rs 1,700 crore to the Congress for discrepancies in tax returns for previous years, dealing another blow to the cash-strapped party ahead of the Lok Sabha polls.

Also Read | Income Tax Department Slaps Indian National Congress with Rs 1700 Crore Demand Notice.

The tax penalties and interest relate to discrepancies in tax returns for the years 2017-18 to 2020-21, the sources said. The fresh notice was received earlier this week. Trinamool Congress leader Saket Gokhale has also claimed that he has received 11 I-T notices in the last 72 hours.

Tags: cpiLok Sabha Election 2024Communist Party Of IndiacongressPAN cardIncome tax
Open in App

Related Stories

NationalLok Sabha 2024 Phase 4 Voter Turnout: 62.84% Recorded by 8 PM; West Bengal Registers Highest at 75.94%

MaharashtraMaharashtra Lok Sabha Election 2024: State Records 58.10% Voting In Fourth Phase; Jalna, Nandurbar Lead The Way

NationalLok Sabha Elections 2024: Arvind Kejriwal, Wife Sunita, Sanjay Singh Among 40 Star Campaigners for AAP in Punjab

MaharashtraMaharashtra Lok Sabha Election 2024: Voter Turnout at 52.49% by 5 PM; Shirur, Pune, and Maval Lag Behind, Nandurbar, Jalna, and Beed Lead

MaharashtraPune Lok Sabha Election 2024: Bogus Voting Allegations Marr Polling Process; Congress Leader, First-Time Voter Claim Being Victims

National Realted Stories

National12 CMs to attend PM Modi's nomination today

National56 schools in Jaipur receive bomb threat on 16th anniversary of serial bomb blasts

NationalMan who used to commit thefts by assuming dead brother's identity arrested

NationalBJP's Sushil Modi loses battle to cancer, leaders from PM Modi to Mamata Banerjee condole demise

NationalGurugram: 5 shooters of Lawrence Bishnoi & Rohit Godara gang arrested