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Jayalalithaa buys freedom with money

Jayalalithaa buys freedom with money
Highlights

In a big relief for former Tamil Nadu chief minister J Jayalalithaa and her aide Sasikala, the Income tax department has accepted their plea for compounding alleged offences in filing returns in their individual capacity for the assessment year 1993-94.

Chennai: In a big relief for former Tamil Nadu chief minister J Jayalalithaa and her aide Sasikala, the Income tax department has accepted their plea for compounding alleged offences in filing returns in their individual capacity for the assessment year 1993-94.

The Income tax department has informed a court in Chennai that nearly Rs 2 crore has been paid. The department's final order, however, is awaited.
The I-T department had launched criminal proceedings against Jayalalithaa and Sasikala for allegedly not filing returns in their individual capacity for the assessment year 1993-94. Complaints were also filed by the IT department against Sasi Enterprises represented by its partners, Jayalalithaa and Sasikala, for allegedly failing to file returns for the assessment years 1991-92 and 1992-93.
Discharge petitions filed by the accused were later dismissed by the Madras High Court. Jayalalithaa and Sasikala preferred had moved the Supreme Court. Dismissing their appeals on January 30, the apex court had directed the lower court to complete the trial in four months.
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