Income tax officials on Friday chose to check out the earnings script of Big Screen Producers whose films are made news for this Sankranthi.
The raids that commenced today evening were spread across the Tollywood producrs Dil Raju & Danayya homes and offices spread across Hyderabad on suspicion that they had wealth disproportionate to declared income.
Around 30 Income Tax officials started their raids at 4 pm this evening shocked the both producers who made huge table profits after selling their high budget films. Dil Raju’s ‘ Seethamma Vakitlo Sirimalle chettu’ which is made with Rs.50 crore budget was sold with good percent of profit and Dil Raju already invested huge amount on buying theaters across the state. And Danayya who recently produced high budget film sold his recent film Naayak which collected a huge sum of over 14+ crore share on its first day.
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 TV & Film stars.