Chennai, Aug 16: The Madras High Court on Tuesday provided temporary relief to top actor Vijay, by staying the orders of the Income Tax department imposing a penalty of Rs 1.5 crore on him for not voluntarily disclosing Rs 15 crore in his IT returns for 2016-17.
Justice Anita Sumanth granted the stay today while admitting a petition from Vijay, challenging the penalty imposed by the department, based on raids conducted at his residence in 2020.
Conceding the contention of Vijay that the punitive action was time barred, the judge granted the interim injunction.
In his petition, Vijay sought to quash the order of the IT department pertaining to the assessment year 2016-17. He said that the notice dated December 11, 2018 demanding the fine amount for 2016-17 was time barred and hence it is invalid.
The IT department had failed to appreciate the fact that having completed the assessment on December 30, 2017, the penalty proceedings u/s 271AAB of the IT Act for the surrendered income/ undisputed income should be initiated and completed on or before June 30, 2018.
Any show-cause notice issued beyond that date should be considered as nullity in law, he claimed.
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Lucknow: Uttar Pradesh Congress President Ajay Rai on Saturday alleged that the voters were intimidated and threatened by the ruling BJP regime. Rai's remarks came as counting for nine Assembly constituencies in Uttar Pradesh shows a strong performance by the BJP and its ally, the Rashtriya Lok Dal (RLD).
“It was already decided in UP that the BJP is fighting the elections with the help of its machinery. The result of that has come out. All the machinery of the government, from police to administration, was deployed. Voters were intimidated and threatened. This is a complete murder of democracy,” Rai said, as reported by Hindustan Times.
According to latest ECI trends the BJP and its ally, the Rashtriya Lok Dal (RLD) is performing strongly. Out of the nine Assembly constituencies where bypolls were held, the BJP is leading in five seats—Kundarki, Khair, Ghaziabad, Phulpur, and Majhawan. Its ally, the RLD, is ahead in Meerapur. The Samajwadi Party (SP), however, is not far behind, leading in three constituencies: Karhal, Katehari, and Sisamau.