US Dollar Gift Case: Will It Return to Haunt Jayalalithaa ?
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The Supreme Court has prepared a list of cases that are in the final stages of hearing.
The US Dollars Gifts case which is the one case apart from the Disproportionate Assets case against Tamil Nadu CM Jayalalithaa, is listed at number 311 in the list.
According to the CBI, Jayalaithaa received a donation of Rs 3 lakh US dollars from abroad during 1992-93. Since it was a gift in foreign exchange, no tax was levied.
This comes at the crucial time as Tamil Nadu assembly goes to polls in 2016.
It is to be seen whether Jayalalithaa will come out from this legal hassle or not.
When P Chidambaram was finance minister in the HD Deve Gowda government, he asked the CBI to identify the source of the donation and start an investigation.
If the apex court now rules in favour of the CBI, the case could be reopened for trial again.
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