'IT Department charges against Karti Chidambaram, others baseless'


Chennai, May 12 (IANS): The Income Tax (IT) Department charges against the family members of former Union Finance Minister P. Chidambaram are baseless, their chartered accountant said on Saturday.

In a statement, R. Balachandran said he was the chartered accountant for Karti P. Chidambaram, Srinidhi Karti Chidambaram and Chess Global Advisory Services Private Ltd. He said the returns of income filed by the family members of Chidambaram are a complete answer to the "baseless allegation".

Karti Chidambaram retweeted the statement.

Balachandran said: "The income tax returns are prepared on the advice of the chartered accountants. The investments in question were made through bank remittances. They were duly disclosed in the returns of income filed under Section 139 of the Income Tax Act for the relevant assessment year.

"It is totally wrong to allege there was a wilful failure to disclose the investments. The returns of income are a complete answer to the baseless allegation. The compliant by the Income Tax Department against my clients will be opposed in accordance with law."

The IT Department on Friday filed four criminal complaints here in a court charging Nalini Chidambaram (wife of former Finance Minister), Karti Chidambaram, Srinidhi Karti Chidambaram and the company Chess Global Advisory Services for non-disclosure of immovable properties in the UK and in the US to the tax authorities.

  

Top Stories

Comment on this article

  • Rathan, Mangalore

    Sat, May 12 2018

    Swamy&Antony
    Do you expect the lawyer (CA) accepts the allegation ?he has been paid to deny and fight the case .let the court decide why you and me comment on legal points which we don't know as we r not in s postion to see the files
    If he is so sure Lt the CA / Chi chis file defamation case against the dept .
    Same was jr chi chi who was behind bar for quite a long time and I think once again e may have to spend there and this time it will be a family get together

    DisAgree [4] Agree [3] Reply Report Abuse

  • Swamy, Mangalore

    Sat, May 12 2018

    BJP is digging for gold but finding stones?!?!?!?!. That's all you can do BJP for people with your paid agencies. BJP wasting time on non existence matters. BJP do something worthwhile. People are fed with your grave digging efforts.

    DisAgree [2] Agree [25] Reply Report Abuse

  • anthony, Mangalore

    Sat, May 12 2018

    The IT dept raids against opposition parties by BJP is well known. It is meant to sensationalse through speculation about the opposition parties during elections as happened to Minister Shiv Kumar during the Gujarat elections and now target Chdambaran for his wrtings in various newspapers against the Govt or due to Karnataka elections.

    Corruption has become widespread under the BJP as they dont take any action and carry out ITraids against opposition parties just for political gains.

    They had a golden chance to come clean on Amit Shah's sons case but choose to ignore it.

    DisAgree Agree [10] Reply Report Abuse

  • j.anata, Mangaluru / Bengaluru

    Sat, May 12 2018

    Chidu, Wife, Son Karti are most corrupt Political family after Mother-Son-Daughter-Son in law feku Gandhi family

    DisAgree [15] Agree [2] Reply Report Abuse

  • Narain, Mangaluru

    Sat, May 12 2018

    maybe he is telling the truth

    DisAgree [7] Agree [14] Reply Report Abuse


Leave a Comment

Title: 'IT Department charges against Karti Chidambaram, others baseless'



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.