IT raids on GautamiPutra Satakarni makers

gpsk-collectionsIncome Tax officials have conducted raids on GautamiPutra Satakarni makers and also its Nizam distributor and Nithin’s father Sudhakar Reddy’s Shreshta movies office .

IT officials conducted raids at First Frame Entertainment office near Film Nagar and Sreshth Movies office near Jubilee Hills checkpost. and also at director Krish places at Hyderabad.

The state governments of AP and Telangana have announced Tax Exemption for the film and that resulted in good profits to distributors and producers .

Released on Jan 12th, The movie reportedly collected a share around 49 Crores .The film features Balakrishna ,Shriya Saran and Hema Malini in lead roles.