SC dismisses plea against Income Tax exemptions on donations to political parties
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.