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Tamil Nadu
Vijayakant owes over Rs.7.52-crore as tax arrears
Special Correspondent
VILLUPURAM: Desiya Murpokku Dravida Kazhagam leader Vijayakant owes over Rs.7.52 crore by way of income-tax and property tax arrears. His wife V. Premalatha owes over Rs.1.72 crore on both counts.
Mr. Vijayakant has stated this in the affidavit attached to the nomination filed for Rishivandhiyam Assembly constituency on Thursday. He has noted that appeals are pending in these cases. He also has liability of over Rs.2.53 crore in the form of loans obtained from banks/financial institutions.
He has put the value of his movable assets at Rs.9.04 crore and immovable assets, Rs.10.83 crore (present market value); that of Ms. Premalatha at Rs.1.28 crore and Rs.5.28 crore; his first dependant Vijay Prabakaran – Rs.81.91 lakh and Rs.43.33 lakh; his second dependant Shanmugha Pandian – Rs.28.28 lakh (he has no fixed assets in his name).
Mr. Vijayakant owns shares or investment worth Rs.74.99 lakh in Andal Alagar Kalayana Mandapam (P) Ltd, and Rs.2.93 crore in Captain Farms (P) Ltd. Ms. Premalatha has shares worth Rs.1 crore in Captain Media (P) Ltd.
A defamation case is pending against him.
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