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Thursday 8 December 2011

Income Tax raids Tollywood hero Mahesh Babu’s house

Hyderabad: Income Tax officials on Thursday conducted a raid on Tollywood hero Prince Mahesh Babu’s house in Film Nagar. According to sources, IT slueths have searched and seized certain documents of financial transactions from Mahesh’s house. It is learnt that IT officials have found some descrepencies in the Advanced Tax returns filed by the star which necessiated a raid today.
Mahesh Babu being the highest paid actor in the Tollywood and has huge demand in the industry. His recent blockbuster Dookudu is reportedly grossed the highest collections the history of Tollywood. The film’s 50 days celebrations were held in Vijayawada on grand scale, where the producers of the film announced the new records the film has set in terms of collections.

Soon after this, IT officials have conducted a raid on the office of 14 Reels Entertainment, the production house of Dookudu, in the posh Jubilee Hills area of Hyderabad.

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