After the raid on Anurag-Tapasi's house, the income tax department found evidence of income tax evasion

New Delhi, 4 March 2021 Thursday

After the raids on the house of film director Anurag Kashyap and actress Tapasi Pannu, the Income Tax Department has found evidence of massive income tax evasion, not to mention that IT has received a tax payment of Rs 5 crore from Tapasi's house, and that is why it took the case. Was, so as to avoid paying taxes.

On Thursday, IT told Red Aag that a large amount of tax evasion was found during the raids on the homes of Anurag Kashyap, Tapasi Pannu and others, although the film production house Phantom Films received more than what it had promised at the box office. Is.

Company officials could not provide information on the amount of Rs 300 crore. In fact, through the income tax department, Phantom Films founders Anurag Kashyap, Vikas Bahl, Madhu Montana and actress Tapasi Pannu were raided at various places on Wednesday.

The agency said Phantom Films undervalued it in selling its stake. The share transactions of the film's directors and shareholders were shown undervalued. The income tax department says a total of Rs. There is a case of tax evasion of Rs 350 crore. In addition, evidence of a cash transaction receipt of Rs 5 crore has been found from Tapasi Pannu.

IT Dept is carrying out search & survey operations which started on Mar 3 on 2 leading film production companies, a leading actress and two talent management companies in Mumbai. Search operation is being carried out at Mumbai, Pune, Delhi and Hyderabad: Spox, CBDT

- ANI (@ANI) March 4, 2021