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I-T raids premises of Jaya TV in Chennai
Posted on: 09-11-2017 , 01:24:PM | DY365 Bureau

 picture courtesy: Deccan Chronicle

November 9, 2017: Jaya TV, started by former Tamil Nadu Chief Minister J Jayalalithaa but currently controlled by the family of her closest aide and sidelined AIADMK leader VK Sasikala, is among 10 companies raided today over allegations of tax evasion.

A senior Income Tax official said that the raid was taken place at around 187 locations in Tamil Nadu, Andhra Pradesh and Delhi as part of the “Operation Clean Money” drive against untaxed wealth.
Tax officials entered the office of the Tamil channel at around 6 am on Thursday. Taxmen allege that the Jaya TV group has floated shell companies and has huge unexplained cash. The company is also accused of making big investments after demonetization and investing in properties owned by proxy.
The Jaya TV network has a bouquet of channels including a news channel, general entertainment channel and a movie channel.
The officials also said that, Sasikala has been jail for corruption since February and has been fighting to stay in charge of the ruling party through her nephew TTV Dhinakaran. Her brother Divakaran controls Jaya TV, which is headed by her nephew Vivek Jayaraman. Divakaran and Jayaraman are also being investigated by the Income Tax.
The tax raids are taking place in the backdrop of a fight for the party's two-leaf poll symbol at the Election Commission, between the ruling faction and the group led by Sasikala and Dhinakaran.
 
 

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