Madras HC Dismisses Vijay Plea Difficult Earnings Tax Dept Rs 1.50 Cr Penalty

Ever since Vijay entered into politics, he has been dealing with many issues, Stampede incident, Jana Nayagan censor points and now Earnings Tax penalty. The Madras Excessive Courtroom has dismissed a writ petition filed by Tamilaga Vettri Kazhagam (TVK) chief Vijay, difficult an order of the Earnings Tax division directing him to pay a Rs 1.50 crore penalty for alleged non disclosure of his full revenue throughout 2015-16. 

Vijay had declared an revenue of Rs 35.42 crore for the monetary yr 2016-2017, however the Earnings Tax Division alleged that he had not disclosed an revenue of Rs 15 crore earned from the Tamil movie ‘Puli’. The Earnings Tax Division had carried out a raid at Vijay’s residence in 2015 and seized paperwork indicating undisclosed revenue. 

The division issued a penalty order on June 30, 2022, which Vijay challenged within the Madras Excessive Courtroom. Justice Senthilkumar Ramamoorthy reserved the order on January 23 after listening to arguments from either side. Vijay’s counsel argued that the penalty order ought to have been issued earlier than June 30, 2019, as per the regulation, and the delay rendered the motion invalid. 

Nonetheless, the Earnings Tax Division contended that the penalty order was issued inside the six month interval after the enchantment towards the revenue tax evaluation was concluded. The courtroom famous that the penalty of Rs 1.5 crore imposed on actor Vijay by the Earnings Tax Division is legitimate and said that it can’t intrude with the division’s order. Nonetheless, Vijay can method the Earnings Tax Appellate Tribunal with a unique plea.