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Income Tax raid on the houses of top film producers including Baahubali makers

Speed News Desk | Updated on: 10 February 2017, 1:39 IST
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The superstars of Indian cinema and top film producers have all the reasons to get worried as the Income Tax departemt raid is currently going on at houses of the filmmakers, who are bankrolling the upcoming mega-budget films including Bollywood, Tamil and Telugu films.

Reportedly, top producers of Telugu industry have already come under the scanner of IT department. It has been confirmed that IT raids are currently going on at the offices and houses of Shobhu Yarlagadda and Prasad Devineni, the popular producers of all-time-India-blockbuster, Baahubali : The Beginning. The producer-duo are also bankrolling the upcoming magnum-opus, Baahubali 2 : The Conclusion.

The news of IT raid have already gone viral and are bound to give sleepless nights to all the top film production houses and the so-called superstars of Indian cinema.

First published: 12 November 2016, 2:03 IST