UPA keeps the tax axe dangling

The Income Tax department is considering options to file an appeal against the order of the Income Appellate Tax Tribunal that said gifts in cash and property to the Uttar Pradesh Chief Minister Mayawati were not taxable. A final decision has not been taken and the government has time until the second week of April. A legal opinion would be sought, official sources said. When asked to comment on the Centre’s plan of action, a CBDT spokesperson said: “Action will be taken as per the law