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The Delhi High Court on Thursday dismissed petitions filed by the Congress party contesting the commencement of tax reassessment procedures for a span of four years by tax authorities.A bench comprising Justices Yashwant Varma and Purushaindra Kumar Kaurav stated that the petitions were dismissed in terms of its earlier decision refusing to interfere with the opening of re-assessment for another year. The present matter pertained to assessment years 2017 to 2021.In a previous petition, which was dismissed last week, the Congress party had contested the commencement of reassessment proceedings concerning the assessment years from 2014-15 to 2016-17.On March 22, the Delhi High Court dismissed the Congress' petition challenging the tax-assessment proceedings initiated against it by the Income Tax (I-T) Department. Pronouncing the order, the division bench comprising Justices Yashwant Varma and Purushaindra Kumar Kaurav said, "We dismiss the writ petitions."This comes as a fresh jolt for the Congress as the party's top brass held a presser on Thursday and trained guns at the Narendra Modi government, accusing it of blocking its funds and making it a "handicap" in the run-up to the 2024 Lok Sabha elections.

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Tax reassessment, Latest News

National :Delhi High Court Dismisses Congress Petitions Against Four-Year Tax Reassessment

The Delhi High Court on Thursday dismissed petitions filed by the Congress party contesting the commencement of tax reassessment ... ...