Setback for actor Vijay: Madras HC bins TVK chief's plea challenging Rs 1.5cr penalty by I-T dept

CHENNAI: Madras precocious tribunal connected Friday dismissed a plea moved by histrion and laminitis of governmental enactment Tamilaga Vetri Kazhagam (TVK) Vijay, challenging a Rs 1.5 crore punishment imposed by the income taxation section for allegedly not disclosing his existent income during the appraisal play 2015-16.Justice Senthilkumar Ramamoorty passed the bid portion rejecting the plea moved by Vijay challenging the request announcement issued by the income taxation department. According to Vijay, helium declared an income of Rs 35.42 crore for the fiscal twelvemonth 2016-17. However, based connected documents seized by the section during a raid conducted astatine his residence successful 2015, the section claimed that helium did not disclose Rs 15 crore income earned from the movie ‘Puli’.Based connected the findings, the section imposed a punishment of Rs 1.5 crore done an bid dated June 30, 2022. Challenging the order, Vijay moved the contiguous plea. Admitting the plea, a azygous justice connected Aug 16, 2022, granted an interim enactment against the cognition of the bid passed by the department.Vijay contended that the punishment should person been issued earlier June 30, 2019. Since the bid was passed belatedly, it should beryllium acceptable aside. Opposing the submissions, the section submitted that the punishment imposed connected Vijay was valid nether the Income Tax Act and, therefore, his petition should beryllium dismissed.Concurring with the submissions of the department, the tribunal dismissed the plea moved by Vijay.