The income tax department revealed on thursday that they have found discrepancy and manipulation of income during the searches at various places linked to actor Tapsee Pannu and filmmaker Anurag Kashyap. The director-actor duo was accused of income tax fraud. The raids took place at the properties related to the trio and here’s what the agency has found out so far.
Kashyap and his partners who had launched the now dissolved production house have not been able to explain the discrepancy of Rs 300 crores. There is Evidence related to shares distributed among the producers and shareholders have an implication of about Rs. 350 crores.
The searches, part of a tax evasion probe against Phantom Films, were carried out across 28 locations in Mumbai and Pune on Wednesday, according to a government release. Properties linked with Reliance Entertainment group CEO Shibhasish Sarkar and some executives of celebrity and talent management companies KWAN and Exceed were also raided. During the search, seven bank lockers were found which have been placed under restraint, the release said.