No coercive action against Cong over tax demand notices in view of LS polls: I-T deptt to SC
   Date :02-Apr-2024

IN A relief for the Congress, the Income Tax Department on Monday told the Supreme Court that it will not take any coercive action against the Opposition party for tax demand notices of Rs 3,500 crore approximately in view of Lok Sabha elections. A bench of justices BV Nagarathna and Augustine George Masih recorded the statement of Solicitor General Tushar Mehta, representing the Income Tax Department, that no precipitative action will be taken in the prevailing circumstances till the final adjudication of the matter.
“At the commencement of the hearing on this application, the Solicitor General appearing for the respondent department, submitted that there is no dispute that on several dates in the month of March 2024, demands have been raised as against the appellant herein totalling approximately Rs 3,500 crore,” the bench noted.