Court dismisses Karti Chidambaram, his wife's pleas in income tax case

Last Updated: Tue, Jan 07, 2020 19:46 hrs
Karti Chidambaram (IANS photo)

Chennai (Tamil Nadu): The Special Court for Income Tax cases on Tuesday dismissed pleas moved by Congress leader Karti Chidambaram and his wife, seeking to discharge them from prosecution initiated by the I-T department for alleged non-disclosure of income of over Rs 7 crore for the financial year 2015-16.

The case pertains to a land dealing where the I-T department has alleged that the property sold by the duo in 2015 was undervalued and the amount shown on the paper was different.

The IT dept filed a case citing the I-T evasion and deliberate attempts by Karti and his wife Srinidi Rangarajan of selling a property in Chennai.

Later, the Specia IT Court was constituted to look into the matter.