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Madras HC grants interim stay on pleas of P Chidambaram, family on I-T notice

Chidamraram, his wife Nalini, son Karti and daughter-in-law Srinidhi had filed four pleas for quashing of the notice from the I-T department

Reported by: PTI, Chennai [ Published on: November 17, 2017 18:36 IST ]
File pic of P. Chidambaram
File pic of P. Chidambaram

The Madras High Court today granted interim stay on petitions filed by former Union minister P Chidambaram and his family seeking quashing of a notice issued under the Income Tax Act for reopening of the assessment for the year 2010-11. 

Chidamraram, his wife Nalini, son Karti and daughter-in-law Srinidhi had filed four pleas for quashing of the notice from the I-T department.

Justice TS Sivagnanam granted interim stay on all the four petitions challenging the notice issued by the assistant  commissioner of Income Tax-Chennai. 

The court had on November 14 quashed an order of the  Income Tax department seeking payment of tax by the former  Union minister and his family on income from a coffee estate owned by them for 2008-09 financial year after re-assessing it. 

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