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Udhayanidhi Stalin seeks legal action for 'Idhu Kathirvelan Kaadhal' Tax exemption

Udhayanidhi Stalin has been facing problem every time his film is due to release. Yes, Idhu Kathirv...

'Idhu Kathirvelan Kaadhal'
Udhayanidhi Stalin has been facing problem every time his film is due to release. Yes, Idhu Kathirvelan Kaadhal, which is slated for release on February 14th, 2014, has been rejected entertainment tax exemption for various reasons. With 30 percent tax exemption denied, the producer-actor has decided to seek legal recourse.

Tamil movies are subject to entertainment tax exemptions when they fulfill certain guidelines set by Registration and Income Tax departments. The tax exemptions are further discussed by watching the movie with a group of 7 people, out of whom 3 belong to the committee and 4 are from outside the committee. This group would evaluate films based on the guidelines set by the Government.

Red Giant Movies head, Udhayanidhi Stalin has filed a complaint to remove the 7 people on the board due to their lack of judgment on the movies that come for evaluation.

The committee has agreed to give tax exemption for the two films Rummy and Cycle Company even after knowing that these two films don’t fall under their set guidelines.

In fact, he had done that last time as well and the Committee was formed which certified that the film was eligible for tax exemption. This time too, he has sought the court’s intervention and will be able to find a good solution for this issue hopefully. IKK has been directed by SR Prabhakaran and stars Udhayanidhi and Nayanthara as the lead pair.

Red Giant Movies has requested the Head Office to restrict these people in evaluating other films and remove them for misusing their power.

Post a Comment Default Comments Disqus Comments

  1. ORUPARUPPUN VEGATHU
    ONLY SIVAKUMAR FAMILY FILMS WILL GET TAX EXEMPTION
    CINE INDUSTRIKKU AMMA VAITHA VETTU

    ReplyDelete
  2. why tax exemption
    you pay 2 cr to nayanthaara
    you pay 2 crores to harris
    you will produce fim more than 5 cr
    will not pay tax

    ReplyDelete
  3. ANY film busdget morethan 3 cr should not be given tax exemtion
    Any film collection more than 10 cr should not be given tax exemption
    let them pay tax or public good
    NO TAX EXEMPTION FOR ANY FILM
    small budget rate of tax my be reduced to 3%
    All these to be decided
    only ofre Vijay sake dont withdraw tax exemtion for big films
    BIG BUDGET RATE OF TAX BE 15%

    ReplyDelete
  4. ONLY maximum 10 big budget films are released per year
    More than 180 small budget film sare released per year
    Why tax exemtion to small films
    If film runs more than on emonth they must pay tax post rlease
    films with small budget, small collection, small stars- small in evera spect must get tax exemption

    ReplyDelete
  5. CINE ACTORS ARE APRT OF SOCIETY
    FILMS ARE FOR SOCIETY
    WHY NOT THEY PAY TAX FOR SOCIETY WELFARE
    PROBLEM BECAUSE OF DISCRIMINATION
    ALL FILM MUST PAY ENTERTAINEMNT TAX
    NO DISCRIMINATION BETWEEN SMALL AND BIG
    DISCRIMINATE IN TAX RATE
    NO TOTAL EXEMPTION AT THE COST OF PUBLIC GOOD

    ReplyDelete
  6. JAALRA THALAIVAAT KEYAR KARUTHU ENNAVO?

    ReplyDelete
  7. Red Giant Movies head, Udhayanidhi Stalin has filed a complaint to remove the 7 people on the board due to their lack of judgment on the movies that come for evaluation.
    useless jaalras
    agree must be removed
    dance asper tunes of govt

    ReplyDelete

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