Income tax raids rock Tollywood with surprise raids. There is a general fear prevailing across the industry, as to who the next is. In a masive operation nearly fourty or more officials of the department raided the celebrities of the industry at their premises in Hyderabad on November 29.
According to sources nearly 40 celebrity residences were raided. The top in the list included noted comedian Dr Brahmanandam, TV shows host and producer Omkar, energetic Udhaya Bhanu, Jhansi Suma, singers Sunitha and Geeta Madhuri. The raids commenced approximately at 2 pm on Thursday (November 29) and extended to late nights. The results of the IT action has not yet been revealed, nor confirmed.
As per reports IT department along with GHMC and ACB swung into action to check the discrepancies in the financial trasnsactions that are more often appearing in media. Some senior filmmakers blame actors and production houses for IT raids as they inflate profit figures and announce them publicly.
On the other hand the IT slab is so high that at times even the righteous would feel sad to part with a major chunk of the hard earned money, feel economists. A viable solution had to be worked out so that every one turns up voluntarily accountable like elsewhere in the world. It may be recalled that in the previous years the I-T sleuths raided many noted cinema personalities like Mahesh Babu, Dil Raju, VV Vinayak, Charmy Kaur etc.
However it is the tall claims by the producers to attract people to explore their venture has led to this chaos. To check on the realities, the officers seem to have raided the celebrities. Indications also show that this is just the tip of the iceberg.....