BANGALORE : The Income Tax Department, which raided Sandalwood actors and producers’ houses and offices simultaneously on the alleged illegal financial transactions in Kannada cinema, has collectively invested Rs 109 crore. Non-record income detected. Besides, Rs. The unmatched foundation of value has collapsed.
The crores discovered by artists and producers were Rs. There is some evidence that money stored in theaters and worthless movies has been transferred elsewhere. This information will be shared with relevant revenue and other financial investigating agencies.
The producer of the tax-fraudulent actor and producer will be summoned soon. The actor, who has a tax deduction, will be asked to pay the producers immediately, IT officials said.
According to sources, the Income Tax Department, the DRI (Revenue Directorate) or ED. (Enforcement Directorate) to exchange information. It is said that Sandalwood’s actor and producer might be more likely to suffer.
Sivarajkumar, Puneet Rajkumar, Sudeep, Yash and Radhika Pandit Home, producers Rockline Venkatesh, Vijay Kiragandur and Jayanna Housing, Vidyaparish member, producer CR Ravindra, were present on the occasion. 180 IT officers from Karnataka and Goa divisions raided Manohar’s house and offices.
The actor, who produced Rs 11 crore from the producers, The undisclosed property worth Rs 2.85 crore was found. Cash and 25.3 kg Jewelry seized. In addition, income taxes are estimated to be around Rs 109 crore. Income Tax Department officials said in the announcement that there was undisclosed income. But IT does not mention how much money and jewelery has been found in any actor and producer’s house personally.
The IT department requested
all businesses in the Kannada film industry and entertainment field to be mentioned in documents. The Income Tax Department has also requested that the pending tax be paid immediately.
