Jaya declared only 4 properties as her assets: Income Tax dept

The Income Tax Department has informed the Madras High Court that former Chief Minister Jayalalithaa owned movable and immovable assets worth only ₹16.37 crore as per annual income tax returns filed by her on March 31, 2016, but her liabilities towards wealth and income taxes was around ₹16.74 crore as on December 31, 2018. Senior standing counsel for the I-T Department A.P. Srinivas submitted a report which stated that Jayalalithaa owned only four immovable properties as per her declaration and all of them were under attachment for long for the recovery of income tax arrears.

The Supreme Court on Monday dismissed a plea challenging the construction of a memorial of former Tamil Nadu chief minister J Jayalalithaa at Marina beach in Chennai. A bench of Chief Justice Ranjan Gogoi and justices Deepak Gupta and Sanjiv Khanna said that it is not inclined to interfere with the Madras high court order of January 23.