New Delhi, July 22 -- The Income Tax Appellate Tribunal (ITAT) has dismissed an appeal by the Congress party seeking income tax exemption for the income of Rs.199.15 crore during the assessment year 2018-19.

The Tribunal rejected the party's claim for exemption on the ground that there was a violation of the conditions in Section 13A of the Income Tax Act, legal news website LiveLaw reported.

(This is a developing story. Check back for updates.

Published by HT Digital Content Services with permission from MINT....