HYD IT Raids: IT raids on film personalities in Hyderabad, searches in 8 areas, focus on Sankranti films…
HYD IT Raids: The IT department is raiding the houses of film personalities and producers in Hyderabad. This search is going on in many parts of the city. IT teams are conducting searches in Banjara Hills, Jubilee Hills, Kondapur, Gachibowli and other areas. These searches are being done mainly targeting big budget films releasing for Sankranti. The IT department suspects that huge tax evasion has taken place in films made at a cost of hundreds of crores of rupees. In the backdrop of publicity that each film was made with hundreds of crores of rupees, the IT department conducted a simultaneous inspection. A popular film producer and distributor from Telangana is spreading the word that these searches are being done. It seems that the IT department has mainly focused on big budget films among the films released on Sankranti. Searches are being conducted at the houses of film producers and their close relatives.