‘Over Rs 100 crore not disclosed’: Madras high court flags ‘irregularity’ in Vijay’s poll affidavit | India News


'Over Rs 100 crore not disclosed’: Madras high court flags 'irregularity' in Vijay's poll affidavit

NEW DELHI: In a setback to actor-turned-politician Vijay, who is leading TVK’s political debut in the Tamil Nadu elections, the Madras high court on Monday admitted a plea seeking an Income Tax probe into his asset declarations.While hearing the matter, the court orally observed a discrepancy of over Rs 100 crore in the affidavit and issued notice in the case.“This is an irregularity. More than 100 crores has not been disclosed”, the court orally remarked as per LiveLaw.A Bench comprising chief justice SA Dharmadhikari and Justice G Arul Murugan issued notices to Vijay, along with the Director General of Income Tax (Investigation), the Election Commission of India (ECI), and the Returning Officers for the Perambur and Tiruchirappalli (East) constituencies.The petition has been filed by V Vignesh of Chennai. In his plea, he has pointed out alleged inconsistencies in the affidavits submitted by Vijay before the Returning Officers of the Trichy (East) and Perambur constituencies. He contends that the records reflect multiple discrepancies, which, according to him, raise serious questions and establish a prima facie case for a detailed inquiry by the Director General of Income Tax.The petitioner has alleged that the disappearance of a high-value asset amounts to a clear case of suppression of assets, raising serious concerns regarding beneficial ownership, routing of funds, and the concealment of material particulars. It has further been contended that such a discrepancy between declarations cannot be attributed to a clerical error or approximation. According to the plea, the only reasonable inference is that either one of the affidavits is false or the corresponding corporate filings are inaccurate, thereby warranting a thorough investigation in either scenario.If such irregularities are ultimately established, the consequences could be dire. Any proven concealment or false declaration in election affidavits may invite criminal proceedings under applicable laws, potentially leading to fines or imprisonment, and could also result in disqualification from contesting elections under the Representation of the People Act, 1951. Additionally, discrepancies involving undisclosed assets may trigger action by the Income Tax authorities, including penalties and possible prosecution for tax violations.



Source link

  • Related Posts

    ‘He would get corruption done’: Swati Maliwal targets Kejriwal after Satyendar Jain’s arrest | India News

    Swati Maliwal targets Kejriwal over DJB, liquor scams NEW DELHI: Rajya Sabha member Swati Maliwal on Wednesday accused former Delhi chief minister Arvind Kejriwal of presiding over a decade of…

    Bangladesh India Relations: ‘We need to meet’: Envoy says PM Modi wants Bangladesh PM Tarique Rahman’s visit to be ‘memorable’ | India News

    File photo: PM Modi and Bangladesh PM Tarique Rahman NEW DELHI: Prime Minister Narendra Modi wants Bangladesh Prime Minister Tarique Rahman’s proposed visit to India to be “memorable”, Indian High…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Vijay rolls out slew of perks for Tamil Nadu MLAs: Vehicle, monthly allowances, bigger health cover | India News

    Vijay rolls out slew of perks for Tamil Nadu MLAs: Vehicle, monthly allowances, bigger health cover | India News

    ‘He would get corruption done’: Swati Maliwal targets Kejriwal after Satyendar Jain’s arrest | India News

    ‘He would get corruption done’: Swati Maliwal targets Kejriwal after Satyendar Jain’s arrest | India News

    ‘When I was at my lowest’: PV Sindhu reveals Virat Kohli’s advice that ‘completely changed’ her perspective | Cricket News

    ‘When I was at my lowest’: PV Sindhu reveals Virat Kohli’s advice that ‘completely changed’ her perspective | Cricket News

    Existing selection panel to finalize Rajasthan Ranji Trophy squad | Cricket News

    Existing selection panel to finalize Rajasthan Ranji Trophy squad | Cricket News

    India will take whatever action to defeat terrorism: MEA as trial move begins against Hafiz Saeed, Lakhvi | India News

    India will take whatever action to defeat terrorism: MEA as trial move begins against Hafiz Saeed, Lakhvi | India News

    Bangladesh India Relations: ‘We need to meet’: Envoy says PM Modi wants Bangladesh PM Tarique Rahman’s visit to be ‘memorable’ | India News

    Bangladesh India Relations: ‘We need to meet’: Envoy says PM Modi wants Bangladesh PM Tarique Rahman’s visit to be ‘memorable’ | India News