The court while upholding the ITAT order, granted liberty to the petitioner Congress Party to move the Appellate Tribunal afresh. (Representative image)
The high court was hearing a petition filed by Congress seeking a stay on the Income Tax notice for recovery of more than Rs 105 crores as outstanding tax.
In a fresh blow for the Congress ahead of the upcoming Lok Sabha polls, the Delhi High Court has refused to interfere with the Income Tax Appellate Tribunal’s order and disposed of the Indian National Congress’ plea which sought a stay on the Income Tax notice for recovery of more than Rs 105 crore as outstanding tax.
Pronouncing its verdict in the tax demand case, there was no ground to interfere with the order.
The court while upholding the ITAT order, granted liberty to the petitioner Congress Party to move the Appellate Tribunal afresh.
The court said, “Liberty granted to the petitioner to approach ITAT afresh in case of change of circumstance.”
Congress had challenged the dismissal of its plea by the Income Tax Appellate Tribunal (ITAT) against the imposition of penalties for discrepancies in certain tax returns. A bench of Justices Yashwant Varma and Purushaindra Kumar Kaurav delivered the order on Wednesday afternoon.
The bench had reserved its order on Tuesday after hearing the submissions on behalf of the Congress and the I-T department.
The assessing officer had raised a tax demand of more than Rs 100 crore for the assessment year 2018-19 when the income was assessed to be more than Rs 199 crore. The counsel for the Congress had urged the court to grant it some protection otherwise the party would collapse.
