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Shocking! Telugu Superstar Mahesh Babu’s bank accounts attached over tax dues

Speed News Desk | Updated on: 28 December 2018, 10:21 IST

Popular South actor and Telugu Superstar Mahesh Babu have landed into trouble after his bank accounts have been frozen by the Goods and Services Tax department on Thursday to recover the tax due amount from him.

According to a press release issued by the Hyderabad GST Commissionarate, actor Mahesh Babu has not paid the Service Tax during 2007-08 for the taxable services he rendered as brand ambassador, appearance money and advertising for promotion of products among others.

"The total tax due from him was Rs. 18.5 lakh. Today the GST department has attached his bank accounts in Axis Bank and ICICI Bank for an amount of Rs. 73.5 lakhs which include tax, interest and penalty, it said.

A senior official of the GST department said that Mahesh Babu failed to get any reprieve from any appellate authority on this issue.

"We have attached the bank accounts and started recovering. We have recovered Rs. 42 lakh from Axis Bank today. Balance, ICICI bank has to pay by tomorrow. Otherwise, action will be taken against ICICI Bank," an official was quoted by news agency PTI.

They further said the 43-year-old Telugu actor cannot operate the bank accounts until he settles the tax dues with the department.

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First published: 28 December 2018, 10:21 IST