<span style="color: #222222;">The Madras High Court has quashed the Income Tax proceedings against the Congress Member of Parliament Karti Chidambaram and his spouse. The case relates to an alleged non-disclosure of a part of the income accrued through the disposal of a property in the year 2015-16.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">The single judge Bench accepted the review plea filed by Mr Karti and his wife saying the authority, who sanctioned the proceedings against the accused, was not the competent authority to initiate the reassessment proceedings.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">Earlier, another single judge Bench of the High Court dismissed the plea of the accused seeking to quash the proceedings. They filed a review plea later.</span><br />'' &nbsp;
News On AIR | December 11, 2020 8:13 PM
Madras HC quashes I-T proceedings against Congress MP Karti Chidambaram and his spouse