Encounter News Punjabi

Madras High Court Dismisses Vijay’s Plea Against ₹1.50 Crore Income Tax Penalty

WhatsApp Channel Join Now

Chennai: The Madras High Court on Friday dismissed a writ petition filed by TVK chief and actor Vijay challenging an Income Tax department order that imposed a penalty of ₹1.50 crore for alleged non-disclosure of income during the 2015–16 assessment year.

Justice Senthilkumar Ramamoorthy rejected the petition, holding that the penalty order had been passed within the prescribed time limit and did not suffer from any legal infirmity warranting interference by the court. With this observation, the judge dismissed the plea.

When Vijay’s counsel sought liberty to challenge the penalty order further, the court said it was open to the petitioner to approach the appropriate appellate authority for relief.

The court had reserved its verdict on January 23 after hearing arguments from both sides.

According to Vijay, he had declared an income of ₹35.42 crore for the financial year 2016–17. However, the Income Tax department, relying on documents seized during a raid conducted at his residence in 2015, alleged that he had failed to disclose income of ₹15 crore earned from the Tamil film Puli.

Based on these findings, the department imposed a penalty of ₹1.50 crore through an order dated June 30, 2022. Vijay challenged this order before the High Court, following which a single judge had stayed the operation of the penalty order on August 16, 2022. With Friday’s ruling, that challenge now stands dismissed, leaving Vijay to pursue remedies before the appellate authority.

All news on Encounter News is computer-generated and sourced from third parties. Please read and verify carefully. We will not be responsible for any issues. 

Encounter News
Encounter News
Encounter Media Group

Latest Articles

Massive explosion at Virudhunagar firecracker factory kills 16 in Tamil Nadu

Virudhunagar: A devastating explosion ripped through a firecracker manufacturing unit in...

Char Dham Yatra 2026 begins as Gangotri and Yamunotri portals open

Uttarkashi: The sacred Char Dham Yatra officially commenced on Sunday, April...

Delhi Police Crime Branch rescues 13-year-old girl lured through Instagram

New Delhi: The Crime Branch of the Delhi Police successfully rescued...

Supreme Court upholds regularisation of thousands of Haryana contractual employees

New Delhi: The Supreme Court of India delivered a landmark verdict...

Right to Safe Road Travel Part of Article 21, Supreme Court Issues Nationwide Safety Directives

New Delhi: In a significant move aimed at strengthening road safety...

Two Women Dead, 31 Injured as Bus Falls into Gorge Near Pushkar in Rajasthan

Ajmer: Two women lost their lives and 31 others were injured...

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here