Income Tax Raid On Sandalwood : No Records Found For Property Worth Rs 109 Crores Say Officials
Information with regard to Sandalwood actors and producers’ income returns have been declared, and as per the reports, they couldn’t find records for property worth Rs 109 Crores.
The
Income
Tax
raid
on
actors
and
producers
from
Sandalwood
was
one
of
the
biggest
till
date.
After
interrogating
the
residence
of
a
few
celebrities
for
two
days
in
a
row,
the
IT
officials
have
finally
revealed
the
details
to
media.
Information
with
regard
to
their
income
returns
have
been
declared,
and
as
per
the
reports,
the
officials
couldn't
find
records
for
property
worth
Rs
109
Crores.
The
Income
Tax
officers
have
further
revealed
that
no
tax
has
been
paid
for
the
unrecorded
property.
They've
acquired
25.3
Kilograms
of
gold
and
cash
worth
Rs
2.85
Crores.
Also,
during
the
raid,
more
importance
was
given
to
the
business
transactions
of
the
actors.
The
IT
officials
are
going
further
look
into
the
unrecorded
amount
of
Rs
109
Crores.
However,
the
officers
haven't
revealed
how
much
of
the
total
amount
is
owned
by
each
actor
and
producer.
The
raid
was
conducted
on
actors
Sudeep,
Yash,
Shivarajkumar,
Puneeth
Rajkumar,
producers
Rockline
Venkatesh,
Vijay
Kiragandur
and
CR
Manohar.