Income tax officials on Monday chose to check out the earnings script of Big Screen Producer who earned huge profits with his Block buster hit Gabbar Singh and producing 2 other films with Top heroes.
The raids that commenced today afternoon were spread across the Tollywood producrs Bandla Ganesh home and offices near Hitech city on suspicion that they had wealth disproportionate to declared income.
Around 14 Income Tax officials started their raids at 2 pm this afternoon shocked the producer who made huge table profits after selling their high budget film . Ganesh’s Baadshah which is made with Rs.50 crore budget was sold with good percent of profit
IT officials verified all the documents of the celebrities and verified against their data. They did not reveal anything yet and soon release a press note after analysing the documents. Recently IT official raided top producer like Dil Raju and Danayya in same way after selling their movie rights.