Reports say that the I-T department conducted the raid on Allu Aravind's Geetha Arts, Dil Raju's Sri Venkateswara films, Bellamkonda Ramesh's Sri Sai Ganesh Movie and R Venkat owned RR Movie Makers office on Monday morning. The bigwigs have been evading service tax from past one year.
According to sales-tax rules, a producer-distributor has to pay 10.3 % tax per film. As they have not paid the mandatory tax for their respective films, the I-T officials raided their offices.
It may be recalled that in March 2011, Nagarjuna, Anushka Shetty and Ravi Teja's residence were raided by the Income Tax officials, as they found some irregularities in their advance tax assessment of these actors.