Recently Income Tax department splashed a sudden surprise on one of the leading producers of Tollywood by raiding all of their premises at the same time. Though none of the producer’s big-ticket films’ release is around the corner, many wondered why this raid happened. A source is now revealing that this raid is not connected to films but something else.
Apparently, the producers are said to have recently made a land deal which resulted in a huge exchange of money including lots of cash. That has triggered the IT Department to raid the producer and find out what is actually happening.
Though the final details of the raiding will not be out in the public, the rumour is strongly being heard that real-estate deals are resulting in all these happenings.
On the other hand, two other big producers who have recently made huge money through their latest ventures are said to be facing the axe of the IT Department as they have received notices.
This post was last modified on 21 January 2023 4:08 pm
Bollywood actress Huma Qureshi is reportedly set to marry longtime partner Rachit Singh later this…
Kanukuntla Rajender, brother of lyricist Chandrabose, died after collapsing on a road in Kalikiri. Earlier,…
The deaths of Indian origin individuals in foreign countries due to various medical complications and…
The big day is here. Tamil Nadu, Keralam and West bengal election results are going…
Telangana CM Revanth Reddy says the state can get additional 3000 Crore revenue just if…
In a major relief, Indian-origin court interpreter Meenu Batra, who spent more than six weeks…