Sponsored
No relief for Congress in Rs 199 crore tax case: Tribunal says no exemption; flags late filing, cash donation violations
Posted
The Income Tax Appellate Tribunal (ITAT) has dismissed Congress's appeal, upholding a tax demand of Rs 199.15 crore. The tribunal stated that Congress failed to meet the necessary conditions for exemption under Section 13A of the Income Tax Act, as the party filed its return after the due date and accepted cash donations exceeding the legal limit.
Search
Categories
- National
- International
- Business
- Technology
- Health
- Education
- Sports
- Entertainment
- Travel
- Environment
- Science
- Law
- Agriculture
- Real Estate
- Opinion
- Religion
- Weather
- Automotive
- Social Issues
- Culture
- Sci-Fi & Future
Read More
Five Nepalis released from Iranian jail return
KATHMANDU: Five Nepali nationals who had been imprisoned in Iran have safely returned to Nepal,...
Dubai’s 10-year Gaming Visa: Eligibility, process, benefits, all you need to know
Dubai is offering a 10-year Golden Visa to attract gaming professionals, including developers,...
Four NC ministers resign from Bagmati Provincial govt
KATHMANDU: Four ministers from the Nepali Congress have resigned from the Bagmati Province...