New Delhi (PTI): The Delhi High Court on wednesday sought a response from UP Chief Minister Mayawati on a petition filed by the Centre challenging the Income Tax Appellate Tribunal's decision giving her a clean chit in a disproportionate assets case.
Alleging that she had tried to evade payment of tax by showing "sham transactions" in the assessment year 2003-04, the Centre today sought setting aside of the Tribunal's order.
A Bench comprising Justices Madan B Lokur and V B Gupta directed the BSP supremo to file her reply by September 19, when the matter would be taken up for further hearing.
"Assessing officer had clearly shown that purchases as well as gift transactions were sham transactions which had been performed only with the intent to evade payment of tax," the Centre said in its petition.
The Tribunal on November 30 last had held that gifts amounting to Rs 65 lakh were given to Mayawati by her supporters out of love and affection and they were not taxable income.
The Centre, however, submitted that the Tribunal erred by accepting her contention on the source of her income. The cash and property presented to the BSP leader should be taken as part of her annual taxable income.
"The Tribunal wrongly came to the conclusion...the fact that gifts were given out of natural love of donors was unquestioned," the Centre said in its petition.
THE HINDU; Wednesday, April 2, 2008
About Me
- Kamal Kumar Pandey (Adv. Supreme Court of India)
- Lawyer Practising at Supreme Court of India. Court Experience: Criminal, Civil & PIL (related to Property, Tax, Custom & Duties, MVAC, insurance, I.P.R., Copyrights & Trademarks, Partnerships, Labour Disputes, etc.) Socio-Legal: Child Rights, Mid Day Meal Programme, Sarva Shiksha Abhiyaan, Women Rights, Against Female Foeticide, P.R.Is, Bonded Labour, Child labour, Child marriage, Domestic violence, Legal Literacy, HIV/AIDS, etc. Worked for Legal Aid/Advise/Awareness/Training/Empowerment/Interventions/Training & Sensitisation.
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