AAP Kept Double Accounts, Dodged Tax Authorities: Yogendra Yadav

The tax notice cited that the AAP had not disclosed income worth Rs 13.16 crore.
The Quint
India
Updated:
Yogendra Yadav in a press conference. (File Photo)
Yogendra Yadav in a press conference. (File Photo)
ADVERTISEMENT

Swaraj India leader Yogendra Yadav attacked the AAP on Tuesday, 28 November, over the IT notice issued to it, alleging that the Kejriwal-led party kept double accounts, concealed information and dodged tax authorities.

Yadav, however, noted that the notice was also a political vendatta against the Aam Aadmi Party (AAP).

“Of course its vendetta,” he wrote adding, “But a party that took on the entire political system should have known better,” Yadav tweeted.

The Income Tax Department recently served a Rs 30.67 crore tax notice to AAP.

The notice was served to the party after completing all assessment of its tax records.
I-T Official

The notice cited that the AAP had not disclosed income worth Rs 13.16 crore. It said the party’s total taxable income calculated by it was Rs 68.44 crore for the financial years 2014-15 and 2015-16.

The IT department said the money received as donations in its bank account was not recorded in the books of accounts.

Delhi Chief Minister Arvind Kejriwal called it the “height of political vendetta”.

Why the Tax Notice?

The notice said the AAP had not recorded full details of at least 461 donors who had donated Rs 6.26 crore, each donation amount exceeding Rs 20,000. The IT department said the AAP had not disclosed donation of Rs 36.95 crore on its website, and the party had failed to respond 34 opportunities given to it.

The department has also initiated penalty proceedings against the AAP.
IT Official 

(Breathe In, Breathe Out: Are you finding it tough to breathe polluted air? Join hands with FIT in partnership with #MyRightToBreathe to find a solution to pollution. Send in your suggestions to fit@thequint.com or WhatsApp @ +919999008335)

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

Published: 27 Nov 2017,06:36 PM IST

ADVERTISEMENT
SCROLL FOR NEXT