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Madras High Court Issues Notices Over Alleged Asset Declaration Discrepancies

Indian Community Editorial TeamBy Indian Community Editorial TeamApril 20, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Madras High Court Issues Notices Over Alleged Asset Declaration Discrepancies
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The Madras High Court has taken action on a petition requesting an investigation into alleged inconsistencies in the assets declared by Tamilaga Vettri Kazhagam (TVK) chief Vijay in his nomination affidavits for the 2026 Tamil Nadu Assembly elections. Notices have been issued to Vijay, the Director General of Income Tax (Investigation), the Election Commission of India, and the Returning Officers of the Perambur and Tiruchy (East) constituencies. The court noted a significant irregularity where assets worth nearly Rs 100 crore were allegedly not reflected in one of the affidavits.

During the proceedings, the court observed the discrepancy and remarked that more than Rs 100 crore had not been disclosed in one constituency. The petition was filed by V. Vignesh from Chennai, highlighting glaring inconsistencies between the affidavits submitted by Vijay before the Returning Officers in Perambur and Tiruchy (East). Vijay declared assets worth Rs 115.13 crore in the Perambur nomination, while the disclosure in Tiruchy (East) stood at Rs 220.15 crore.

Vignesh argued that the substantial variation between the two declarations raises serious concerns about possible suppression of assets, beneficial ownership structures, and potential concealment of material particulars. He contended that the inconsistency cannot be attributed to clerical errors or estimation differences, emphasizing the need for a thorough probe by the Income Tax Department. Urging urgent intervention, Vignesh requested the court to direct the Income Tax (Investigation) wing to examine the asset declarations and submit a report to the respective Returning Officers.

Director General of Income Tax Election Commission of India Income Tax Department Madras High Court Perambur Tamil Nadu Assembly elections Tamilaga Vettri Kazhagam Tiruchy V. Vignesh Vijay
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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