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BIG setback to Congress: Tribunal dismisses appeal challenging  ₹199 Crore tax demand for FY18-19

BIG setback to Congress: Tribunal dismisses appeal challenging ₹199 Crore tax demand for FY18-19

Minta day ago
The Income Tax Appellate Tribunal (ITAT) has dismissed an appeal by the Congress party seeking income tax exemption for the income of ₹ 199.15 crore during the assessment year 2018-19.
The Tribunal rejected the party's claim for exemption on the ground that there was a violation of the conditions in Section 13A of the Income Tax Act, legal news website LiveLaw reported.
(This is a developing story. Check back for updates.
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