Delhi High Court Dismisses Congress's Plea Against Tax Re-assessment for 3 Years

Brief by Shorts91 Newsdesk / 09:56am on 22 Mar 2024,Friday Politics

Delhi High Court rejects Congress's challenge to tax re-assessment spanning 2014 to 2017 by Income Tax Department. Bench of Justices Yashwant Varma and Purushaindra Kumar Kaurav deliver verdict after hearing arguments from both sides. Congress claimed limitation barred re-assessment, while tax department alleges 'escaped' income exceeds Rs 520 crore. Court reserves order after hearings on March 20, ultimately siding with tax department's stance.

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