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Rahul Gandhi is ignorant about tax matters: BJP on Congress' frozen bank account charge

Prasad said that while it is true that as per section 13(A) of the Income Tax Act, political parties do not have to pay income tax, the Congress has not filed their returns every year.
Last Updated : 21 March 2024, 17:09 IST

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“Rahul Gandhi, what do you mean? Don’t insult Indian democracy. What can we do if the country does not vote for you? Your stock value is depleted. We have a gentle advice for the Congress – the more you allow Rahul Gandhi to open his mouth, you lose ground,” Prasad said.

Prasad said that while it is true that as per section 13(A) of the Income Tax Act, political parties do not have to pay income tax, the Congress has not filed their returns every year. 

“If you do not file every year, you lose your exemption. The fact is that on July 6, 2021, an order was issued on a demand notice for ₹105.17 crore. The Congress had not filed the returns for 2018-19, and lost their exemption. Sections 220 and 221 of the IT Act provide for collection and recovery. This is a routine tax process. What has the BJP got to do with it,” said Prasad.

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Published 21 March 2024, 17:09 IST

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