Saturday , November 16 2024

IT probe into Rs 380 crore deposits in two-party co-operative banks: Notice to be issued soon

The biggest problem of Congress before the Lok Sabha elections is that all its accounts have been seized by the Income Tax Department and it is alleged that the party cannot use this money for campaigning. Due to non-filing of income tax return the party will have to pay Rs. Notice of Rs 3,567 crore has been received. However, now there are reports that after Congress, two more political parties have also come on the radar of the Income Tax Department. The IT department is preparing to issue a notice to them soon. Against these two parties in co-operative banks amounting to Rs. Investigation is going on regarding the deposited amount of Rs 380 crore. According to reports, the matter is related to two local parties of Tamil Nadu and Andhra Pradesh. Rs. is collected from them. Rs 380 crore and is accused of not filing income tax returns. According to reports, the Income Tax Department has started investigation against both the parties and notices will be issued to them soon.

Let us tell you that earlier the Income Tax Department had issued a notice to the Congress party in a tax matter of more than Rs 1800 crore, due to which a big political controversy had arisen, although the Congress got relief till the end of the elections.