Congress president Sonia Gandhi confirmed that her party has been served notices by the Income Tax department in a case that alleges she and other party leaders misappropriated funds of a company that used to publish the now-defunct National Herald newspaper.
Days after a local court summoned Congress president Sonia Gandhi and her son and party vice president Rahul Gandhi in connection with the National Herald land grab case, media reports on Wednesday said that the Income Tax department may soon issue a notice to the grand old party.
The Income Tax department has issued a notice to Chief Election Commissioner (CEC) V S Sampath in connection with the sale of a property in Hyderabad and acquiring a new residential property in Delhi with that money.
The Maharashtra unit of the Nationalist Congress Party has come under the scanner of the Income-Tax department after it recently detected cash deposits of over Rs 34 crore in the party`s account without depositor details like PAN card.
The Income Tax Department on Thursday took possession of unaccounted cash of Rs 10 lakh belonging to IY Construction, taking the total amount seized by the tax authorities in the metropolis since the Model Code of Conduct for elections came into force to Rs 10.85 crore.
The control room set up by Income Tax Department to enable citizens to report suspicious transactions or movement of large sums of money has evoked lukewarm response, and in one particular instance the facility was used out of personal enmity.
Tamil Nadu Chief Minister J Jayalalithaa got two weeks reprieve in the Income Tax cases against her as a local court adjourned the hearing till April 28 while ordering her to be present in person then.
Former Finance Minister Yashwant Sinha on Wednesday disagreed with his party`s former president Nitin Gadkari`s views on abolition of income and other taxes, saying it would amount to going back to Vedic days.