Wrt Sivaramanji it is absolute truth that many violate the rules and
survive a little and perish in majority because they have skeletons in the
cup boards. There is a rule that all officers of all xcaders must submit
their wealth statements every year; and in all cadres there are a few who
never bothered about such as their wealth amassed can never be accounted
for so refuse to file and dilose why even tell a lie. Net result due to the
Govt a small fry walk away. But many as I did once got caught .mSo too the
congress. KR IRS  3424

On Wed, 3 Apr 2024 at 09:55, Madras Sivaraman <[email protected]>
wrote:

> True.I had to give an affidavit as Revenue Secretary that the department
> will ensure filing of proper returns by all political parties.Even then
> that is 29 years ago Congress party was not filing IT returns.
>
> On Tue, 2 Apr, 2024, 19:33 Rajaram Krishnamurthy, <[email protected]>
> wrote:
>
>> Why was the cong plea rejected? Not properly complying with the proviso
>> of the act u/s 13 A as
>>
>> A political party that wants to claim tax exemption under Section 13A
>> must meet the following requirements:
>>
>>    - It must be registered under Section 29A of the RPA.
>>    - It must keep books of account and other documents that allow the
>>    Assessing Officer to compute its income. It should be noted that a
>>    political party does not need to keep all the books of the account
>>    specified under Section 44AA. It is enough if it keeps only those books
>>    that help the AO determine its income.
>>    - It must record every contribution of more than Rs 20,000 along with
>>    the name and address of the contributor unless the contribution is made
>>    through an electoral bond.
>>    - It must have its books of account audited by a chartered accountant
>>    - It must not have received any donation of more than Rs 2,000 except
>>    by way of account payee cheque/demand draft or ECS or through a bank
>>    account or electoral bond
>>    - The treasurer of the political party or any person authorized by
>>    the party for this purpose must submit a report of donations received 
>> above
>>    Rs 20,000 to the Election Commission of India for the financial year on or
>>    before the due date for furnishing the return of income for that financial
>>    year under Section 29C of RPA.
>>
>> While Section 13A states that no tax relief will be given for
>> non-submission of such a report, it should be noted that Section 29C of RPA
>> itself denies tax relief to a political party if it fails to submit such a
>> report. KR IRS 2424
>>
>> On Mon, 1 Apr 2024 at 22:01, Narayanaswamy Sekar <[email protected]>
>> wrote:
>>
>>>
>>>
>>>
>>> https://www.opindia.com/2024/04/what-led-the-it-dept-to-send-notices-of-demands-worth-rs-3567-crs-congress/
>>>
>>>
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