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  Congress loses appeal against Rs 199 crore tax demand, tribunal cites late return, violations

  India | July 22, 2025 20:26 IST

  The Income Tax Appellate Tribunal (ITAT) has dismissed the Congress party’s appeal against a Rs 199.15 crore tax demand for the 2018–19 financial year. The tribunal held that Congress failed to meet the mandatory conditions for exemption under Section 13A of the Income Tax Act.

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  Congress party's plea to stay IT action against its bank accounts dismissed

  India | March 08, 2024 17:09 IST

  Senior Advocate Vivek Tamkha, representing the Congress Party, urged the tribunal to suspend the order for ten days, allowing the Indian National Congress (INC) to appeal to the High Court. However, the bench declined the request, stating that there was no such provision or plea before them.

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  Ravi Shankar Prasad launches e-filing portal of the Income Tax Appellate Tribunal

  Income Tax | June 25, 2021 23:21 IST

  Law Minister Ravi Shankar Prasad on Friday launched the e-filing portal of the Income Tax Appellate Tribunal (ITAT) here, saying the initiative should be seen as a larger narrative of transformation the country is undergoing through the digital medium. 

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  ITAT orders withdrawal of tax exemption to Congress-controlled Young Indian

  India | November 16, 2019 20:40 IST

  The Delhi bench of the ITAT, in an order on November 15, said Young Indian's "entire move for acquiring the AJL (Associated Journals Ltd), which had stopped/suspended its publication activities and was holding large number of properties worth hundreds of crores with huge rental and lease income, was for acquiring control and interest in such properties for mere sum of Rs 50 lakh."

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  Life Insurance Corporation gets Rs 11,500crore in income tax refunds, policy holders to benefit

  October 02, 2014 21:17 IST

  Mumbai: Life Insurance Corporation (LIC) has received more than Rs 11,500 crore in income tax refunds and a big chunk of the amount would be passed on to policyholders, an official said."We received I-T refunds