The Central Board of Direct Taxes (CBDT) clarified on Monday that the Income Tax Department is not carrying out any special drive to re-open cases on issues pertaining to HRA claims as has been reported in some sections of the media, triggering a scare among the taxpayers.
The account has an amount of Rs 4.80 crore at present. Rs one crore was withdrawn from the account this month.
“Till the matter is heard, we will not take recovery/coercive steps as elections are going on,” Solicitor General Tushar Mehta assured a bench of Justices B V Nagarathna and Augustine George Masih.
But the I-T could not recover any cash or jewellery so far from the residence of Swarup Biswas, whose wife is a Trinamul Congress councillor and a borough chairman of Kolkata’s civic body.
The Directorate of Income Tax has made several arrangements to keep a vigil on the movement of unaccounted cash, bullion & other valuables, likely/suspected to be used for electoral purposes, during the Model Code of Conduct within the NCT of Delhi.
According to information, Girija Devi's year of birth mentioned on her PAN card is 1903. The Income Tax Department considered her the oldest taxpayer in the country. The IT Department had honoured her for the same in 2020.
The Income Tax department, under Project Panther, is unearthing benami properties of jailed gangster-turned politician Mukhtar Ansari.
Kalyani got elected as a BJP legislator in the 2021 state Assembly elections but shifted to ruling Trinamul Congress soon after.
'During the course of the survey, the (Income Tax) Department gathered several (pieces of) evidence indicating that tax has not been paid on certain remittances which have not been disclosed as income in India by the foreign entities of the group,'' the Finance Ministry said without directly naming the BBC.
Criticism has been raised in the international media that this is an attack on media freedom, he wrote on Facebook.
