MUMBAI: India’s main opposition party said on Friday it had been asked to pay an additional 18.2 billion rupees ($218 million) in taxes, which it called an attempt by the tax department to financially cripple it weeks before a national parliamentary election.
Calling the latest notice from the Income Tax Department “tax terrorism”, Congress treasurer Ajay Maken told reporters the party would fight the demand in court.
India will vote in seven phases between April 19 and June 1 in an election Prime Minister Narendra Modi is expected to win and secure a record-equalling third straight term. “The law is on our side, we have no doubt about it, but by the time we get relief, elections will be over,” Maken said. The Supreme Court is expected to hear the case on Monday, he added.
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