IT Officials Found Discrepancy, Manipulation In Income Worth 650 Crore After Raids At Phantom Films

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oi-Sanyukta Thakare


The Income Tax Department on Thursday exposed that disparity and adjustment of earnings was discovered throughout the raids at Tapsee Pannu, filmmaker Anurag Kashyap and others’ residential or commercial properties in connection to the production home Phantom Films.

Taapsee Pannu, anurag kashyap

According to a report in Hindustan Times, the authorities have actually exposed that they observed a substantial suppression of earnings compared to the real ticket office collections. They likewise stated the production home personnel was unable to discuss the disparity of around 300 crore.

The authorities exposed that additional examination is presently underway as proof associated to adjustment and under-valuation of share deals of Phantom Films was discovered. The tax ramification for the very same would cause about 350 crore.

More proof of money invoices by the leading starlet amounting to 5 crore has actually likewise been recuperated. The authorities discovered 7 bank lockers that have actually been positioned under restraint, after the tax evasion probe was performed throughout 28 places in Mumbai and Pune.

Apart from previous Phantom Films (liquified 2018) workers, director-producer Vikramaditya Motwane, manufacturer Vikas Bahl and producer-distributor Madhu Mantena (insufficient sentence). A federal government declaration likewise exposed residential or commercial properties related to Reliance Entertainment group CEO Shibasish Sarkar and some executives of celeb and skill management business KWAN and Exceed were likewise robbed.

The raids have actually been called out by the opposition celebration along with a group of netizens with hashtag #ModiRaidsProFarmers. Congress leader Rahul Gandhi stated that the raids are being performed versus those who are pro-farmers. Bollywood celebs like Swara Bhasker, Anubhav Sinha likewise revealed assistance for Anurag and Taapsee.

Meanwhile, both Taapsee Pannu and Anurag Kashyap are presently in Pune for the shoot of their approaching movie Dobaara According to reports, both were likewise questioned by the earnings tax authorities while in Pune.

ALSO READ: Income Tax Department Raids Properties Of Taapsee Pannu, Anurag Kashyap, Vikas Bahl And Others, Deets Inside

ALSO READ: Swara Bhasker, Anubhav Sinha & & Others Show Support For Anurag Kashyap, Taapsee Pannu Amid IT Raids

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