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Income Tax Department Slams Rs. 30 cr Tax Notice on AAP over Undisclosed Income and Donations

The Income Tax Department has sent a tax notice of Rs 30.67 crore to the Aam Aadmi Party (AAP) recieved by way of donations as undisclosed income

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Chanda Bandh Satyagraha against AAP
AAP's own volunteers stood against the ChandaChor Gang of AAP via ChandaBandh Satyagraha. Their appeal is: Party must practice Financial Transparency
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New Delhi, November 27, 2017: The Income Tax Department has served a Rs 30.67 crore tax notice to the Aam Aadmi Party (AAP), an official said on Monday.

The I-T official who spoke on the condition of anonymity told IANS: “The notice was served to the party after completing all assessment of its tax records.”

The notice cited that the Aam Admi Party had not disclosed income worth Rs 13.16 crore.

It said the party’s total taxable income calculated by it was Rs 68.44 crore for the financial years 2014-15 and 2015-16.

Income Tax Dept
Income Tax Dept has sent a notice to AAP . Wikimedia

The I-T Department said the money received as donations in its bank account was not recorded in the books of accounts.

The notice said the AAP had not recorded full details of at least 461 donors who had donated Rs 6.26 crore, each donation amount exceeding Rs 20,000.

The I-T Department said the AAP had not disclosed donation of Rs 36.95 crore on its website and the party had failed to respond 34 opportunities given to it.

“The department has also initiated penalty proceedings against the Aam Admi Party,” the official added. (IANS)

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Kejriwal’s Door to Door Donation Drive is a Farce: Munish Raizada

Chanda Bandh Satyagraha makes an appeal that AAP should immediately restore donors' list on its website and then only seek new donations.

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Kejriwal
Dr. Munish Raizada along with his Chanda Bandh Satyagraha team outside the office of AAP MLA Jarnail Singh (Tilak Nagar). File photo

Chicago: The Aam Aadmi Party Convener and Delhi CM Arvind Kejriwal has launched a door to door campaign seeking donations for the AAP.  According to former overseas co-coordinator of Aam Aadmi Party, Dr. Munish Raizada, this is nothing more than a misleading campaign!

Raizada says that Kejriwal has no moral right to seek donations from common man as he has dismantled financial transparency in AAP by removing donors list from its website. Displaying donors’ list showing real time donations and making the income and expenditure accounts available online were the basis and the promise of the AAP, emphasised Raizada.

Now, after hiding donors’ list and its balance sheets from the public, the AAP cannot claim to be practising alternative politics.

Munish Raizada, kejriwal
Lack of financial transparency in the Arvind Kejriwal-led AAP prompted a group of NRIs, who once worked to mobilise funds and support for the party, to turn against it. (File photo)

It may be noted that AAP removed the list of donors from its website in June 2016. Moreover, since then AAP has been surrounded with controversies related to donations. AAP had also received Rs 30.67 crore Income Tax notice, last year in November, implying that all is not well with AAP’s accounts, says Raizada.

He further questions Kejriwal, that if AAP has nothing to hide about its accounts and if AAP is honest with its account keeping then why is Kejriwal hiding the donations?

Even the donation policy that was earlier the pride of every AAP volunteer has been done away with. The donation policy on AAP website used to state: “Every single rupee donated to the party will be published on the website immediately along with the details of the donor. Every expense done by the party will also be published on the website.”

But rather than putting the donors’ list in public domain, the party’s corrupt leadership started blaming BJP and I.T. Department for harassing its donors.

 

munish raizada, kejriwal
Chanda Bandh Satygrah demands restoration of  lost values in AAP ( File Photo)

 

Opaque political funding is the fountain head of corruption. Further, Raizada says that if the party cannot be transparent in its political funding, then talking about fighting corruption and graft is a mere rhetoric. He said that the appeals by Chanda Bandh Satyagraha have fallen on deaf ears as far as the party’s

leadership is concerned. 

Chanda Bandh Satyagraha makes an appeal that AAP should immediately restore donors’ list on its website and then only seek new donations. Chanda Bandh Satyagraha was started by AAP’s volunteers in 2016, with an appeal to the public not to donate to AAP unless it makes its donation lists open and transparent.