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IT Raids on GPSK Producer & Nithin's Dad
By: Tupaki Desk | 31 Jan 2017 10:12 AM GMT
Income Tax Sleuths Today raided the offices of 'Gautamiputra Satakarni' Producer Rajeev Reddy (First Frame Entertainment Office, Film Nagar) & it's Nizam Distributor Sudhakar Reddy (Shresth Movies, Jubilee Hills). Search Operation is continuing at present and further details are awaited.
AP & Telangana Governments has offered Entertainment Tax exemption to 'Gautamiputra Satakarni'. The present Income Tax Raids could be related to this aspect.
Balakrishna's 100th Flick opened to superb word-of-mouth and stood as the highest grosser in his career. A share of around Rs 50 crore has been collected Worldwide so far.
Few months ago, IT Officials conducted raids at the office of 'Baahubali' Producers. With focus shifting to 'GPSK', Makers of other two Sankranti releases could be the next target.
AP & Telangana Governments has offered Entertainment Tax exemption to 'Gautamiputra Satakarni'. The present Income Tax Raids could be related to this aspect.
Balakrishna's 100th Flick opened to superb word-of-mouth and stood as the highest grosser in his career. A share of around Rs 50 crore has been collected Worldwide so far.
Few months ago, IT Officials conducted raids at the office of 'Baahubali' Producers. With focus shifting to 'GPSK', Makers of other two Sankranti releases could be the next target.
