On Wednesday (23-March-2011) morning, prominent film actors Akkineni Nagarjuna, Anushka Shetty and Ravi Teja and film producer D. Shiva Prasad Reddy woke up to a slew of income-tax raids.
Anushka Shetty - In the popular fairytale Sleeping beauty, the girl is awakened by Prince Charming. But for mana Tollywood beauty Anushka, it was a bit of a rude awakening. On Wednesday morning, the actress, who was fast asleep, was woken up by a team of Income Tax sleuths at her residence in Woods Apartments, Jubilee Hills.
Nagarjuna - Wednesday’s I-T raids on film stars appear to have a Nagarjuna ‘angle’ to them. Except for Ravi Teja, all the others are known to be close to Nagarjuna and some are also said to be his active business partners.
News of the raids did the rounds throughout Wednesday. However, not much information was forthcoming from the department. Simultaneous searches were carried on at residences, offices and other properties in Banjara and Jubilee Hills localities here, apart from some premises in Visakhapatnam.
Film industry sources said the action was prompted when the department found out about large number of land transactions involving film personalities in Visakhapatnam, the second-largest city in the State after Hyderabad.
The undisclosed land deals in Hyderabad, Visakhapatnam and Bengaluru are now under scrutiny. Ravi Teja`s house was also searched by the same team. He has had a meteoric rise in T-town and his rate increased from a meager Rs 10 lakhs to Rs 5 Crores per film.
IT officials found a lot of discrepancies in the money transfer between different accounts for purchase of properties by these stars. Last year, there were IT raids on producer Ganesh Babu and two years ago IT raided Dilraju, V V Vinayak, actors Mahesh Babu and Charmee.
We are yet to get details on what they unearthed in these raids.
Nagarjuna - Wednesday’s I-T raids on film stars appear to have a Nagarjuna ‘angle’ to them. Except for Ravi Teja, all the others are known to be close to Nagarjuna and some are also said to be his active business partners.
News of the raids did the rounds throughout Wednesday. However, not much information was forthcoming from the department. Simultaneous searches were carried on at residences, offices and other properties in Banjara and Jubilee Hills localities here, apart from some premises in Visakhapatnam.
Film industry sources said the action was prompted when the department found out about large number of land transactions involving film personalities in Visakhapatnam, the second-largest city in the State after Hyderabad.
The undisclosed land deals in Hyderabad, Visakhapatnam and Bengaluru are now under scrutiny. Ravi Teja`s house was also searched by the same team. He has had a meteoric rise in T-town and his rate increased from a meager Rs 10 lakhs to Rs 5 Crores per film.
IT officials found a lot of discrepancies in the money transfer between different accounts for purchase of properties by these stars. Last year, there were IT raids on producer Ganesh Babu and two years ago IT raided Dilraju, V V Vinayak, actors Mahesh Babu and Charmee.
We are yet to get details on what they unearthed in these raids.
