FM takes on Amma - value of jewllery not declared
Finance minister P. Chidambaram today alleged that Tamil Nadu Chief Minister Jayalalithaa did not declare the value of her jewels properly in her affidavit while filing the nomination papers for the assembly polls. He siad it was surprising to see that she could not determine the value of her jewels because they were in the court. "Does it mean she is not aware of the value of the jewels before they were seized?" Even if the jewels were so precious that their value could not be assessed, she could have termed them as "priceless". The FM wanted the CM to be a role model for tax payers but apparantly he did not find her as one. He cited the assessment for a particular year when after filing her return, she declared that she got some sudden income and wanted that also to be assessed. While the issue was with the Settlemt Commission, she declared some more income. The matter was then referred to the High Court but she has not paid the tax.
This is what happens when economics talks politics.