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Supreme Court refuses to stay income tax proceedings against DK Shivakumar English.Lokmat.com

Supreme Court refuses to stay income tax proceedings against DK Shivakumar

The Supreme Court on Thursday refused to stay income tax proceedings against Karnataka Congress chief D K Shivakumar in connection with a tax avoidance case.
Supreme Court refuses to stay income tax proceedings against DK Shivakumar

The Supreme Court on Thursday refused to stay income tax proceedings against Karnataka Congress chief D K Shivakumar in connection with a tax avoidance case.

A three-judge bench of the apex court, headed by Chief Justice of India (CJI) Sharad Arvind Bobde, and also comprising of Justice A S Bopanna, and Justice V Ramasubraman, said, we are not inclined to stay the Income Tax proceedings against him [Shivakumar].

The bench also granted more time to the Income Tax department to file its detailed reply in connection with the case of undisclosed wealth [assets] discovered in the raid conducted at Shivakumar's premises in 2017.

Congress leader and Karnataka Congress Chief, DK Shivakumar, had moved and filed a petition challenging the proceedings on the ground of jurisdiction and sought relief from it.

( With inputs from ANI )

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