It Raid The Income Tax department stated that unaccounted cash amounting to Rs 26 crore along with gold jewellery exceeding Rs 3 crore were also seized.Tnm StaffThe Income Tax department has found around Rs 200 crore worth of undisclosed income in the recent I-t raids conducted on the premises of Tamil movie producers, distributors, and financiers. The Central Board of Direct Taxes released a statement on Saturday, August 6, stating that undisclosed income exceeding Rs 200 crore had been detected during the searches and unaccounted cash amounting to Rs 26 crore along with gold jewellery exceeding Rs 3 crore have been seized. On August 2, the Income Tax department conducted raids on multiple locations connected with film financier and producer Gn Anbu Chezhiyan, and prominent producers including Kalaipuli S Thanu, Gnanavelraja, Sr Prabu. Financier Gn Anbu Chezhiyan's residence in Nungambakkam and Gopuram Cinema offices in Chennai and Madurai were raided for the third time. Sakthi film factory's Sakthivel,...
- 8/6/2022
- by NithyaP
- The News Minute
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