Madras HC relief for Chidambaram, family; grants interim stay on I-T notice over income from coffee estate

Madras High Court granted interim stay on petitions filed by P Chidambaram and his family seeking to quash of a notice issued under the Income Tax Act

PTI November 17, 2017 15:33:37 IST
Madras HC relief for Chidambaram, family; grants interim stay on I-T notice over income from coffee estate

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

Madras HC relief for Chidambaram family grants interim stay on IT notice over income from coffee estate

File image of former Union minister P Chidambaram. PTI

Chidambaram, 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 14  November 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 the 2008-09 financial year after re-assessing it.

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