Income Tax Tribunal Rejects Congress's Plea to Halt Action Against It's Bank Accounts

Brief by Shorts91 Newsdesk / 01:20pm on 08 Mar 2024,Friday Politics

The Income Tax Tribunal dismisses Congress's plea to halt the income tax department's actions against its bank accounts, dealing a blow to the party ahead of the 2024 Lok Sabha election. The tribunal rejected Congress's request for a 10-day stay to approach the high court. Allegations of ₹210 crore unpaid taxes for 2018-19 prompted the account freeze. Congress vows to challenge the verdict, calling it an attack on democracy. Advocate Vivek Tankha criticizes the tribunal's decision, citing past precedents. The party will explore legal avenues, including an appeal to the high court.

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