Multiple cases filed against Karti Chidambaram and family, stage set for prosecution under Black Money Act

The Income Tax Department today filed four prosecution complaints against Karti Chidambaram, His mother Nalini and wife Srinidhi in a Chennai court today. According to reports, the cases were filed under the Black Money Act.

Journalist and Editor of The Daily Tribune, J Gopikrishnan has stated that the complainant in the cases is MP and legal activist Subramanian Swamy.

Karti was reportedly issued a summon last month under the Black Money Act regarding his assets in the UK. Karti had challenged the move. Karti was asked to depose before the investigating officers in the case under the section 50 of the Black Money Act (Undisclosed foreign assets and income). The tax department had reportedly stated that they wanted to seek details of a transaction done by Karti for a property located in Cambridge.

- Advertisement - - Article resumes -

On May 3rd, the Madras High court had granted the Income Tax department to proceed against Karti and others under the black money act. The I-T department had sought probe against Karti and the directors of Chess Global Pvt Ltd alleging that they through a UK based company Totus Tennis Ltd and US-based Nano Holdings Ltd have made investments and acquired assets.

Karti is currently on bail in the INX Media case. He is also facing probe in the Aircel Maxis case. His interim protection from arrest was extended till July 10th by the Patiala House court.


Share This Post and Support:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Most read articles recently

NDTV suspends Deputy News Editor for celebrating Pulwama terror attack, may take further action

NDTV Deputy News Editor Nidhi Sethi suspended by the channel for her Facebook comment celebrating the Pulwama attack

Dear Gujarat Samachar editor, how do you live with yourself?

Gujarati daily's insensitive headline over Pulwama attack has got readers upset

Pakistan funded Islamic terrorist blows up 300 kgs of IED, actor brings ‘Hindu right wing’ argument to shield Pakistan

Jaaved Jaaferi refuses to hold Pakistan accountable for the attack, instead equates Hindus with Jaish Terrorists.

Congress IT Cell head shares NDTV’s half truth to discredit Vande Bharat Express, insensitively drags Pulwama terror attack

In a rush to discredit the success of India's fastest train 'Vande Bharat Express', Congress' Divya Spandana not only resorted to propagating fake news but also went on to pass some insensitive statements regarding the recent Pulwama terror attack

Congress supporting abusive troll claims Pulwama was an inside job by India

Sanjukta Basu is a very vocal Modi-hater and a bigot masquerading as a liberal feminist.

27 Revolutionary Guards killed by Pakistan supported terrorists: Iranian general warns Pakistan to act or face consequences

With Iran threatening retaliation after Prime Minister Narendra Modi assured Indians that there will be consequences, the signs appear to be ominous for Pakistan.

Navjot Sidhu sacked from Kapil Sharma Show after his shameful comments on Pulwama attack

Sidhu's non-stop praising of Pakistan and his going out of the way to hug General Bajwa during his visit in November was even criticised by his own Chief Minister, Captain Amarinder Singh. 

Assam: Assistant Professor at Icon Commerce College, Guwahati, suspended over objectionable Facebook post on Pulwama terror attack

Assam Police too has taken cognizance of a tweet that reported an objectionable post by Papri Banerjee who is an Assistant Professor of English at Icon Commerce College, Guwahati, Assam.
Image Source: twitter

Vajpayee govt was forced to release Masood Azhar because of hysterical media coverage, former AAP leader Ashutosh says

The veteran journalist who is currently running his own news portal in Hindi revealed that media coverage of the hijack incident created undue pressure on the central government and they had to accept the demands of the hijackers, which included the release of three terrorists.

Sonu Nigam, Kangana Ranaut blast those who preach peace to India after Pakistan sponsored terror attacks

"Why did they organise an event in Karachi in the first place when Pakistani artistes have been banned after Uri attacks", asked actress Kangana Ranaut over Shabana Azmi calling for a halt in the cultural exchange between the two countries.

Latest articles

Connect with us

136,689FansLike
109,576FollowersFollow
22,925SubscribersSubscribe

Don't miss these