4:30 As the latest development in the IT raids in Chennai at the residences of Tamil hero Vijay and Tamil film Financier and Producer G. N. Anbu Chezhiyan, it is believed that Vijay received notices on the alleged tax evasion.
The IT Department has seized a huge amount of Rs 77 crore of cash which did not come in the accounts from financier Anbu Cheziyan. "The common thread among all these entities was the success of a recent film which was a box office hit collecting around Rs. 300 crore. Large number of property documents, Promissory notes, post dated cheques taken as collateral security were recovered during the search and have been seized. As per evidence detected during the search, it is estimated that the concealment, in this case, is likely to exceed Rs. 300 crore,'' the official press release read.
Vijay fans are not happy with the IT raids as they termed these raids as a revenge from the center when he raised many questions against the state and Central government on GST and the situation of the government hospitals.
While it is known that Anbu is not only a film financer and also runs other business the IT department is looking at the connections between Vijay and Anbu. It has been widely reported remuneration taken by Vijay is the key element in the raids.
The IT Department has seized a huge amount of Rs 77 crore of cash which did not come in the accounts from financier Anbu Cheziyan. "The common thread among all these entities was the success of a recent film which was a box office hit collecting around Rs. 300 crore. Large number of property documents, Promissory notes, post dated cheques taken as collateral security were recovered during the search and have been seized. As per evidence detected during the search, it is estimated that the concealment, in this case, is likely to exceed Rs. 300 crore,'' the official press release read.
Vijay fans are not happy with the IT raids as they termed these raids as a revenge from the center when he raised many questions against the state and Central government on GST and the situation of the government hospitals.
While it is known that Anbu is not only a film financer and also runs other business the IT department is looking at the connections between Vijay and Anbu. It has been widely reported remuneration taken by Vijay is the key element in the raids.