The Income Tax Department has successfully “recovered” Rs. 65 crore from the Indian National Congress, out of a total tax due of Rs. 115 crore. The recovery was made from Congress party’s bank account on Tuesday, following the department’s imposition of a lien on the party’s account.
A lien is a legal claim or right against assets, typically applied for the recovery of charges or debts due in an account.
Sources reveal that the Income Tax Department had marked a lien of Rs.115 crore in the Congress Party’s accounts. In response to the recovery action, the congress party has swiftly moved to challenge the decision. Advocates representing the Congress have filed a complaint with the Income Tax Appellate Tribunal, contesting the department’s actions.
Read more at: The Times of India
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