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Madras High Court dismisses Karti Chidambaram plea against show cause notice in alleged tax evasion case


06 Jul, 2021 , 2:42 am
The Madras High Court on Monday dismissed writ petitions moved by Member of Parliament from Sivaganga, Karti Chidambaram and wife Srinidhi Chidambaram against show-cause notices issued by the tax authority over an alleged non-disclosure of Rs 6.38 crores in income tax returns following a 2013 property sale (
Karti P.Chidambaram v. The Principal Director of Income Tax and ors).
Justice
SM Subramaniam concluded that there was no legal malice or procedural irregularity in issuing the show-cause notice under Section 153C (dealing with assessment or re-assessment of income after search and seizure under Section 132 or a requisition under Section 132A) of the Income Tax Act. ....

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