SC to hear plea against tax exemption to parties on Jan 11

The bench posted the PIL for hearing on January 11.

By: Express News Service | New Delhi | Published: December 24, 2016 4:54 am

The Supreme Court on Friday refused urgent hearing of a PIL that challenged a provision of the Income Tax Act exempting political parties from disclosing the identity of the donors contributing up to Rs 20,000. The petitioner, advocate M L Sharma, contended that parties were taking advantage of demonetisation and large deposits of up to Rs 20,000 were being made in their accounts. But a bench led by Justice Ashok Bhushan said that the impugned law is in operation for the last 50 years and what was happening was that only deposits are being made. The bench posted the PIL for hearing on January 11.

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