Buzzbytes, NewDelhi, February 16:The Congress party finds itself in the midst of a financial storm as the Income Tax Department has reportedly frozen its bank accounts, demanding a recovery of Rs 210 crore. This revelation, disclosed by Congress Treasurer Ajay Maken, comes as a significant blow just two weeks before crucial elections.Expressing deep concerns over the situation, Maken highlighted the severity of the crisis, revealing that both the main Congress party and its Youth Congress counterpart are grappling with frozen accounts. This development not only impedes the party’s day-to-day operations but also severely hampers its ability to conduct effective campaigning ahead of the impending elections.In response to the action taken by the Income Tax Department, the Congress party has taken steps to challenge the decision, having approached the Income Tax Appellate Tribunal. This move underscores the party’s determination to address the issue and seek a resolution amidst the challenging circumstances.However, the timing of this financial setback raises eyebrows, with many viewing it as more than just a financial issue. Maken likened it to an attack on democracy itself, emphasizing the potential implications on the electoral process.As the Congress party navigates through this financial crisis, its ability to effectively participate in the upcoming elections remains uncertain. The unfolding situation underscores the complex interplay between politics and finance, with ramifications that extend beyond mere monetary constraints.
Congress Faces Financial Crisis as Income Tax Department Freezes Bank Accounts Ahead of Elections
