AIADMK Supremo J Jayalalitha (Photo: IANS)

Income Tax Case Likely to End as Jayalalitha Pays 2 Crore Fine

In regard to the four income tax cases against the AIADMK supremo Jayalalitha and her confidante Sasikala, an amount of 2 crore was paid by Jayalalitha to the Income Tax department in Chennai on Tuesday.

The cases, which were pending in Chennai court for 18 years, will be closed now. The IT department have accepted the plea of Jayalalitha for compounding the offences. However, the income tax department is expected to pass a final order on the compounding applications.

As per reports from IANS, the department had informed a court in Chennai, hearing the case that an amount of around Rs.2 crore was paid in the case, related to non-filing of tax returns by Jayalalitha and Sasikala for 1991-92 and 1992-93.

In January, the Supreme Court had dismissed an appeal by Jayalalitha for her discharge from the case and ordered the trial court to complete the proceedings within four months.

Recently, two months ago, in September, Jayalalitha had been found guilty by Karnataka special court in the 18-year-old disproportionate assets case and had been sentenced to four year imprisonment, charging a penalty of Rs 100 crore.

After the Karnataka High Court had rejected the plea for bail by the convicted Jayalalitha on October 7, she had moved to Supreme Court on Wednesday, challenging the verdict of HC for refusing her bail plea. She was granted bail by the supreme court after her 21 days of imprisonment.


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