1. Decoded! Inside Arvind Kejriwal’s political vendetta claim about Rs 30 crore Income Tax notice to AAP

Decoded! Inside Arvind Kejriwal’s political vendetta claim about Rs 30 crore Income Tax notice to AAP

So, does the Arvind Kejriwal's 'political vendetta' claim about Rs 30 crore Income Tax notice to AAP hold any weight? It's decoded here!

By: | Published: November 27, 2017 7:03 PM
Aam Aadmi Party, Income Tax, income tax notice, ITR, Arvind Kejriwal, AAP It was a setback for Kejriwal and AAP. (PTI photo)

It was a setback! Arvind Kejriwal led Aam Aadmi Party (AAP) has been served a notice of Rs 30 crore by the Income Tax department over the donations received by it. This step by Income Tax department has been dubbed as the height of political vendetta by the Chief Minister Arvind Kejriwal. According to Delhi CM Arvind Kejriwal, “In the history of India, all donations to a political party have been declared illegal. All these were accounted for and shown in books of accounts. This is a height of political vendetta.” So, does the Arvind Kejriwal’s ‘political vendetta’ claim about Rs 30 crore Income Tax notice to AAP hold any weight? It’s decoded here!

How the notice was sent and how AAP’s Income Tax Return was picked up?

-According to Income Tax Department sources, the notice was issued by the assessing officer under section 156 (notice of demand).

-Reportedly, it was issued in the normal course, where ITRs are picked up for scrutiny by the assessing officer.

-Because the case was getting time-barred, the notice was issued to the concerned assessee.

-Similar notices have been issued to other entities too.

-The notice of demand (to AAP) is for income arising from various sources including donations

Earlier, AAP on Sunday celebrated its fifth anniversary. Kejriwal had addressed Aam Aadmi Party volunteers at the party’s national convention on the occasion of its fifth anniversary at the Ram Lila Maidan. Scores of AAP volunteers and party leaders from several parts of the country were present for the national convention. Kumar Vishwas, who has had an uneasy relationship with the party leadership, also addressed the crowd. Urging people in the poll-bound Gujarat to uproot the BJP, Kejriwal said the entire nation was looking at Gujarat and praying for the BJP’s defeat. The AAP is contesting in a few seats in the western state.

“Voters should vote for a candidate or party that is winning and capable of defeating the BJP. Our aim is to uproot the BJP. Make sure that the BJP loses,” he told the gathering. Kejriwal claimed that the BJP is the father of the UPA in corruption. “We gathered five years back in the same place and protested against the UPA for its corruption. Nothing has changed. The BJP has become the father of UPA in terms of corruption,” Kejriwal said citing the Panama Papers revelations and the Vyapam scam in Madhya Pradesh.

Calculate your income tax post budget 2018 through this Income Tax Calculator, get latest news on Budget 2018 and Auto Expo 2018. Like us on Facebook and follow us on Twitter.

  1. I
    Nov 27, 2017 at 8:01 pm
    AAP must start Colony Street Fight Centers in Delhi.
    1. R
      Nov 27, 2017 at 7:51 pm
      Decoded?? You just wrote 5 stupid lines about the income tax notice. No information about what was the amount of donation for which such amount is being taxed. No information about similar tax notices to other parties like BJP, Congress. This article is a joke just like BJP and Congress.
      1. K
        Nov 27, 2017 at 7:47 pm
        Deserves no comment.
        1. D
          Nov 27, 2017 at 7:42 pm
          simply cheapest way to gather hits from readers, the le of article is simply MISLEADING. will never read any article from financialexpress again.
          1. Umeshchandra Mishra
            Nov 27, 2017 at 7:42 pm
            The headline is like AAP and other parties claims, it screams of decoding what is behind the IT notice, but there is no decoding in the article, only plain rehash of known stale news .
            1. Load More Comments

            Go to Top