The Madras High Court on Wednesday refused to stay prosecution launched by the Income Tax Department against former Union Minister P. Chidambaram’s wife Nalini Chidambaram, son Karti P. Chidambaram and daughter-in-law Srinidhi Karti Chidambaram under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act of 2015. Justice S. Baskaran rejected the plea for interim orders and simply adjourned the cases, filed by the family to quash the prosecution, to July 5 after ordering notice to I-T officials.
The petitioners contended in their affidavits that the Principal Director of Income Tax (Investigation) was not a competent officer to launch prosecution under Section 50 of the Act and, therefore, the complaint filed against them should be quashed. They also claimed that the Chief Metropolitan Magistrate (CMM) court in Egmore, Chennai, was not the designated special court under the Act.

The Madras High Court on Wednesday refused to stay prosecution launched by the Income Tax Department against former Union Minister P. Chidambaram’s wife Nalini Chidambaram, son Karti P. Chidambaram and daughter-in-law Srinidhi Karti Chidambaram under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act of 2015. Justice S. Baskaran rejected the plea for interim orders and simply adjourned the cases, filed by the family to quash the prosecution, to July 5 after ordering notice to I-T officials.
The petitioners contended in their affidavits that the Principal Director of Income Tax (Investigation) was not a competent officer to launch prosecution under Section 50 of the Act and, therefore, the complaint filed against them should be quashed. They also claimed that the Chief Metropolitan Magistrate (CMM) court in Egmore, Chennai, was not the designated special court under the Act.