Saturday, Apr 20, 2024 | Last Update : 06:54 AM IST

  India   All India  27 Nov 2017  I-T dept slaps AAP with Rs 30 cr tax notice over undisclosed funds

I-T dept slaps AAP with Rs 30 cr tax notice over undisclosed funds

ANI
Published : Nov 27, 2017, 4:32 pm IST
Updated : Nov 27, 2017, 4:36 pm IST

Step taken out of vendetta, we have full confidence the charge will die in court, says AAP.

As per the reports, the I-T department has alleged that the AAP has not disclosed donations worth Rs 13 crore received during 2014-15 and revealed details of 461 donors to the Election Commission. (Photo: PTI)
 As per the reports, the I-T department has alleged that the AAP has not disclosed donations worth Rs 13 crore received during 2014-15 and revealed details of 461 donors to the Election Commission. (Photo: PTI)

New Delhi: Income Tax (I-T) department on Monday sent Rs 30.67 crore tax notice to Arvind Kejriwal-led Aam Aadmi Party (AAP).

As per the reports, the I-T department has alleged that the AAP has not disclosed donations worth Rs 13 crore received during 2014-15 and revealed details of 461 donors to the Election Commission.

The party has been asked to pay the penalty by December 07.

The AAP, however, termed the I-T department's assessment as bogus and mala fide adding that they have full confidence in law and order.

"Every single donation has been deemed as illegal and cited as taxable income. And thus an attempt has been made to fix a tax liability. AAP has always ensured and shown commitment towards maintaining a transparent donation list which is hailed across the world," AAP leader Deepak Bajpai said.

"Despite this, targeting our party shows that this step has been taken out of vendetta. We have full confidence in law and order and judicial bodies. It is a mala fide move and will be quashed in the court," he added.

Tags: aam aadmi party, arvind kejriwal, election commission (ec), i-t department
Location: India, Delhi, New Delhi