In a first IT dept freezes all bank accounts of RTU

Jaipur | Saturday | 9th February, 2019

Summary:

Confirming the development, RTU's finance officer Rameshwar Lal Parsoya, told TOI, "Income tax department has acted arbitrarily. While the income tax department claimed that institution financed by the government have to claim exemption under Section 10 (23C) of the Income Tax Act 1961, which the RTU has failed to claim. "The unjust move by the income tax department has collapsed the university's administration. "The university has 12 PG departments, 3,000 students, 100 permanent teaching staff with 140 affiliated colleges has been reduced cashless. It appears that they found a scapegoat in RTU to complete their annual targets..