STOCK MARKET BSE NSE

Plea in HC to Quash Lower Court Order

Published: 23rd September 2014 06:05 AM  |   Last Updated: 23rd September 2014 06:05 AM   |  A+A-

JAYA

CHENNAI: AIADMK general secretary and Chief Minister J Jayalalithaa and her friend Sasikala have moved the Madras High Court challenging an order of an Economic Offences Court in Egmore, directing them to appear before it on October 1.

The petition is likely to come up for hearing on Tuesday. The issue relates to tax returns for 1992-93 and 1993-94.

When the matter came up on September 18, Additional Chief Metropolitan Magistrate Dakshinamoorthy adjourned it till October 1 and directed Jayalalithaa and Sasikala to appear on that day for answering questions under Section 313 of CrPC and for framing of charges.

Challenging this order, the duo filed the present petition. They contended that the order of the trial court was against law, as it failed to consider that 279(2) of the IT Act permitted her to compound the offence at any stage, either before or after institution of the proceedings. As per income tax guidelines, 180 days have been fixed as outer time limit for deciding compounding applications, she said.

As for the earlier Supreme Court order, she said the Supreme Court had fixed the outer time limit for completion of trial alone, whereas she was now willing to settle the dispute amicably by invoking the benevolent provisions of the IT Act by filing compounding the offence. Hence the outer time limit fixed by the apex court has no significance because of change of circumstances, she argued.

Stay up to date on all the latest Tamil Nadu news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp