AAP calls I-T's Rs 30 cr tax notice 'bogus'; BJP, Cong demand explanation

Dubbing an Income Tax Department's Rs 30.67 crore tax notice as "bogus" and "vindictive", the AAP on Monday said it was being targeted by different government agencies and that it had maintained the record of every donation.

"The I-T Department has declared the complete amount of donations we received as illegal and has put it under the category of taxable income although we have maintained the records of each paisa that we received from donors," AAP Treasurer Deepak Bajpai told the media.

The I-T notice said the AAP had not disclosed income of Rs 13.16 crore and that its total taxable income calculated by it was Rs 68.44 crore for fiscal 2014-15 and 2015-16 and that the money received as donation in its bank was not recorded in the account books.

The notice also said that the Aam Aadmi Party had not recorded full details of 461 donors who had given a total of Rs 6.26 crore, each donation amount exceeding Rs 20,000.

The AAP was also accused of not disclosing the donations in its web site.

Bajpai dismissed the charges, saying the party had been keeping and maintaining books of accounts and other documents (of contribution in excess of Rs 20,000) under Section 13A of the Income Tax Act.

"We have been submitting reports to the Election Commission about the donations received as per the law," he said.
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