Madras High Court Upholds Rs 1.5 Cr Income Tax Penalty Against TVK's Vijay

• The Madras High Court dismissed a petition by actor and TVK founder Vijay, upholding a Rs 1.5 crore income tax penalty.
• Justice Senthilkumar Ramamoorty rejected Vijay's plea, confirming the demand notice from the Income Tax Department.
• The penalty is for the assessment year 2015–16, related to alleged non-disclosure of income.
• Tax authorities found that Vijay had not declared Rs 15 crore earned from the film Puli during a 2015 search.
• Vijay's argument that the penalty order was delayed and invalid was rejected by the court, which sided with the Income Tax Department.