A day after a special court in Chennai refused to discharge him and family in a case of alleged tax evasion, Lok Sabha member and senior Congress leader P Chidambaram’s son Karti Chidambaram said he would move the Madras High Court in this regard.
“The Income Tax department’s complaint was based on a notice of reassessment. The I-T department’s reassessment proceedings abated on December 31, 2019,” said a statement issued on behalf of Karti and Srinidhi by their advocate NRR Arun Natrajan on Wednesday. “No order of assessment or demand was passed. The complaint is therefore honest in law. We will bring this fact to the notice of the trial court and move the Madras High Court against the order,” it added.
“The entire proceeds have been accounted for and reflected in the books of account and returns filed,” their advocate said, dismissing the I-T department’s claims.