The Supreme
Court has dismissed a plea challenging income tax exemptions granted to
donations made to political parties. A bench, headed by Chief Justice JS
Khehar, said the decision to grant IT exemptions is an executive action and did
not violate the related provisions of the Income Tax Act, the Representation of
People Act. The court said, thus, it cannot intervene in the
matter.
The plea, filed by an advocate, had said that
political parties have been granted IT exemptions in violation of
constitutional schemes as this is not available to a common man. The plea had
also sought a direction to CBI to register an FIR and probe political parties
and their funding in the wake of demonetisation.
Which political party will win the Jharkhand Assembly elections 2024?