Gulte Telugu news
Mythri Movie Makers, one of Tollywood’s leading production houses, recently faced an Income Tax (IT) raid on their offices. The raid continued for several days and raised speculations about the possible findings during the search.
The IT officials suspected that the production house had not disclosed all their income sources and investments in their Income Tax Returns filing. However, it has been reported that these speculations were baseless and no irregularities were found in the accounts of the production house.
The IT raids concluded on the previous night and brought a big sigh of relief to Mythri Movie Makers. The production house has been known for its remarkable contributions to the Telugu film industry, producing several blockbuster movies over the years. The rumors of the company’s alleged failure to disclose its total investments and income sources had caused concern among its fans and the film fraternity.
However, the conclusion of the IT raids with no findings of any irregularities has cleared the air and restored the reputation of Mythri Movie Makers. The production house has released several statements clarifying that they have always been transparent in their dealings and have complied with all legal requirements.
Such instances of IT raids are common in the Indian film industry, and many production houses and film personalities have faced similar situations in the past.
