Quick Summary
In a recent legal victory, renowned actor D. Sivakarthikeyan has successfully secured a refund of ₹12.60 lakh from the Income Tax department. The resolution comes after a writ petition filed by the actor in 2022 was disposed of by the Madras High Court, which recorded the Income Tax Departments submission that the disputed amount had been duly deposited in the actors bank account. Background and Legal Proceedings Written Agreement with Aadnah Arts: Sivakarthikeyans affidavit detaile
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FAQ :
D. Sivakarthikeyan received an income tax refund of £12.60 lakh.
The refund was issued after a TDS (Tax Deducted at Source) discrepancy was resolved. The Income Tax Department had previously recovered funds due to the producer's failure to remit TDS.
Sivakarthikeyan had a written agreement with Aadnah Arts for a total consideration of £15 crore for his role in a movie, inclusive of GST. The producer was responsible for paying GST and remitting TDS.
The Income Tax Department initially recovered £91.16 lakh from Sivakarthikeyan's bank account in February 2022.
Sivakarthikeyan filed a writ petition in the Madras High Court in 2022 seeking a refund.
The issue was resolved amicably between the parties before adjudication, with the producer making all necessary payments, and the Income Tax Department agreeing to refund the disputed amount.
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