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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.

Abhishek singhviAmit bhandariArun natarajanJustice subramaniamSrinidhi chidambaramRubal bansalKartip chidambaramFoundations privateHigh courtIncome taxShow cause noticeAgni estatesDeputy directorAssessing officerKarti chidambaramIncome tax act