Breather for Karti: HC junks I-T proceedings against Sivaganga MP Justice N Sathishkumar also said that the Deputy Director of the Income Tax Department was not the competent authority to initiate the re-assessment proceedings. Share Via Email | A+A A- By Express News Service CHENNAI: In a relief to Sivaganga MP Karti Chidambaram and his wife Srinidhi Chidambaram, the Madras High Court on Friday ruled that the Income Tax proceedings initiated over the alleged non-disclosure of cash transactions to the tune of Rs 7.3 crores following a property sale near Muttukadu were premature. Justice N Sathishkumar also said that the Deputy Director of the Income Tax Department was not the competent authority to initiate the re-assessment proceedings. The judge observed, “...the very complaint itself is launched on the basis of opinion formed by the Deputy Director of Income Tax Department, based on some materials according to them it is only helpful for corroboration.