CM appeals against ITAT: Former Finance Minister appears before HC

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The former Union Finance Minister P Chidambaram today appeared before Himachal Pradesh High Court to plead Himachal Pradesh Chief Minister Virbhadra Singh who had filed an appeal against Income Tax Applets Tribunal (ITAT) order for reopening of three years income tax return case. Mr. Singh Challenging the Income Tax Applets Tribunal (ITAT) order of Dec, 2016 against him and his family members had filed an appeal which was pleaded by the Senior Advocate P. Chidambaram who appeared in the High Court for admission of the case this morning.

 

Now the HC listed the matter for next hearing on July 13, 2017. The Income Tax Applets Tribunal (ITAT) dismissed Virbhadra Singh’s appeal filed against the I-T department’s move to reopen assessment of tax returns submitted by him for financial years 2009-10, 2010-11 and 2011-12. The order issued by Chandigarh bench of ITAT headed by the Judicial member I C Sudhir and accountant member R S Syal on December 8 last year. The Chief Minister had challenged this order today however it was yet to admit.

 

Confirming the development of High Court today, Octogenarian Chief Minister told Media person that he had filed an appeal in High Court against the rejection of the revised income tax returns filed by him. Terming the matter before the Income Tax Department “politically motivated” Mr. Singh said that he is contesting the orders and moved an appeal in the High Court and may challenge up to Supreme Court if the need arose.

 

The Income Tax Appellate Tribunal (ITAT) has been dismissed Singh’s appeal filed against the I-T department’s move to reopen assessment of tax returns submitted by him for fiscal 2009-10, 2010-11 and 2011-12. The Chief Minister had filed revised I-T returns for assessment years 2008-09, 2009-10 and 2010-11, where his income showed about 14 times increase from Rs 47.35 lakh to Rs 6.56 crore.

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ML Verma is a Senior journalist, with more than a decade of experience of active reporting for electronic media, news agencies and fast paced online media.

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