Kerala-based astrologer Unnikrishna Panicker who predicted that J. Jayalalithaa would become Tamil Nadu chief minister in the 2001 Assembly elections was given Rs.10 lakh for correctly forecasting her victory. But it is this money which Panicker claimed was a gift that has landed Jayalalithaa’s favourite astrologer in the income tax net. Poor fellow, he could not predict his own future!
Had he predicted P. Chidambaram would become India’s Finance Minister in 2004, he would have got tax waiver at least!!
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