One judge of Madras High Court has warned Actor Rajinikanth to pay Corporation tax for his marriage hall "Raghavendra Kalyana Mandapam" immediately. As usual, the media has spread all probable negative vibles agaist actor Rajinikanth,who has plans to enter politics.
Thread : 1/8
Thread : 1/8
DMK controlled media condcuted enough debates, tried to spread enough negative messages in Twitter. Now, interestingly Rajikanth's tax waiver request has opened up Pandora's box and boomerangs on DMK. You will realize DMK is tryign to play dirty everywhere.
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Certain basic facts:
a. Corproation taxes for Marriage halls are not calculated on the basis of area/sq feet. The taxes are calculated on the basis of Annual Rental Value (ARV)
b. Chennai Corporation has categorized marriage halls into three categories A, B and C. It is 3/8
a. Corproation taxes for Marriage halls are not calculated on the basis of area/sq feet. The taxes are calculated on the basis of Annual Rental Value (ARV)
b. Chennai Corporation has categorized marriage halls into three categories A, B and C. It is 3/8
estimated 40 weddings can happen in A category halls, 30 weddings in a year in B category and 20 weddings in C category.
c. In A Category halls, the daily rental is expected to be in the range of Rs.10 lakhs, in 40 days it is expected that the revenue is Rs.4 crores in
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c. In A Category halls, the daily rental is expected to be in the range of Rs.10 lakhs, in 40 days it is expected that the revenue is Rs.4 crores in
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a year. Half of the amount, ie., Rs.2 crores is calculated as Annual Rental value.
d. 12.4% on ARV is calcualted as Corporation Tax payable in two half yearly instalments. In the example quoted, it is around Rs.24.80lakhs which is the Corporation tax payable in two instalments
d. 12.4% on ARV is calcualted as Corporation Tax payable in two half yearly instalments. In the example quoted, it is around Rs.24.80lakhs which is the Corporation tax payable in two instalments
at Rs.12.40 lakhs each.
e. Marriage hall inside Anna Arivaalayam, DMK Headquarters is now paying only Rs.96000 as half year tax where as it should be paying Rs.12.40 lakhs based on the cateogry and annual rental value. Pandora's box got opened up and every one is challenging
e. Marriage hall inside Anna Arivaalayam, DMK Headquarters is now paying only Rs.96000 as half year tax where as it should be paying Rs.12.40 lakhs based on the cateogry and annual rental value. Pandora's box got opened up and every one is challenging
now how DMK is paying lowe Corporation taxes than others.
DMK tried to politicize the issue of Rajinikanth's marriage hall just to prevent Rajini from entering politics, but see themselves in defensive position now.
Please note the Judge who cautioned Rajinikanth to pay the
DMK tried to politicize the issue of Rajinikanth's marriage hall just to prevent Rajini from entering politics, but see themselves in defensive position now.
Please note the Judge who cautioned Rajinikanth to pay the
Taxes by today itself is wife of Dr.Sumanth Raman. Please appreciate that she appeared for Chidambarams in few cases as advocate and was forced to rescue herself from other cases against Chidambaram after her elevation as Judge of Madras High Court.
DMK-Congress plan to defame
DMK-Congress plan to defame
Rajinikanth using judiciary and media is now boomeranging on themselves.DMK has tough time to defend themselves. Let's cascade the message through social media as main stream media is controlled by DMK and would not debate on this issue. All rounder (?) Dr.Sumant vl shut up.
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