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IT dept raids Taapsee Pannu, Anurag Kashyap, others in tax evasion probe; anticipated to proceed until late night time

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IT dept raids Taapsee Pannu, Anurag Kashyap, others in tax evasion probe; expected to continue

Image Source : INSTAGRAM/TAAPSEE PANNU, ANURAG KASHYAP IT dept raids Taapsee Pannu, Anurag Kashyap, others in tax evasion probe; anticipated to proceed until late night time
The Income Tax Department on Wednesday raided the properties and places of work of Bollywood actor Taapsee Pannu and filmmaker Anurag Kashyap in addition to his companions who launched the now-shuttered manufacturing home Phantom Films, officers mentioned. The searches, a part of a tax evasion probe towards Phantom Films and carried out throughout 30 places in Mumbai and Pune, additionally coated Reliance Entertainment group CEO Shibhasish Sarkar and a few executives of movie star and expertise administration corporations KWAN and Exceed, they mentioned.
The raids started within the morning and are anticipated to be continued until late night time. Documents and laptop peripherals have been recovered from numerous premises, officers mentioned.

Pannu and Kashyap, each recognized to be outspoken of their views on a spread of points, are taking pictures in Pune and are understood to have been questioned by the tax sleuths as a part of the preliminary questioning that takes place throughout raids.

The others searched embody some Phantom Films manufacturing home workers, which was dissolved in 2018, and its then promoters Kashyap, director-producer Vikramaditya Motwane, producer Vikas Bahl and producer-distributor Madhu Mantena.

Tax division sources mentioned some inter-linked transactions between the entities searched are underneath the scanner of the division. The raids, they added, are geared toward gathering extra proof to additional probe tax evasion allegations towards them. The enterprise transactions of movies made underneath the banner of Phantom Films are additionally being probed, the sources mentioned.
The searches towards Mantena are additionally being carried out in context of his hyperlinks with KWAN, of which he’s a co-promoter. While Kwan’s consumer listing consists of Deepika Padukone, Exceed manages Saif Ali Khan and Sonakshi Sinha amongst others.

Kashyap and Pannu, who labored collectively within the 2018 movie “Manmarziyaan”,  are actually collaborating within the upcoming movie “Dobaara”. Responding to a query at a press convention in Delhi, Union minister Prakash Javadekar rejected allegations that the raids towards Kashyap and Pannu have been linked to their feedback, that are seen at instances essential of the BJP.

“This is too much,” he mentioned to the query. “Probe agencies undertake investigations based on credible information and the matter later goes to courts as well,” he added.

In Maharashtra, the controversy intensified with ruling allies Congress and NCP criticising the raids and terming them an try to suppress the voices of those that communicate towards the Narendra Modi-led authorities.

“Central agencies like ED, CBI, and Income Tax are being used to target those who take an anti-government stand and speak against the policies of the regime,” state minister and NCP chief spokesperson Nawab Malik informed reporters in Mumbai. The premises of Anurag Kashyap and Pannu have been raided. Both have been elevating their voices towards the Modi authorities,” he mentioned.

His cabinet colleague Ashok Chavan of the Congress mentioned the raids are the Centre’s option to put strain on individuals who put forth “facts” so they don’t communicate up.

While the raids attracted quite a lot of consideration on social media platforms, most of Bollywood was quiet.

Pannu’s final tweet was on March 1, when she spoke on the Supreme Court asking a person accused of repeated rape whether or not he was prepared to marry the lady.
When the courtroom was informed he’s already married, he was requested to hunt common bail from the involved courtroom.
The 33-year-old actor, who has made a reputation for herself in movies akin to “Pink”,  “Thappad”  and  “Badla”, put out a powerful worded publish on the matter.
Kashyap, who had visited JNU and Shaheen Bagh throughout the anti-CAA protests final yr and is understood to be equally outspoken on a spread of points, has been quiet on Twitter in latest instances aside from sometimes retweeting others.

The 48-year-old, one of the distinguished new administrators in Hindi cinema, is the person behind “Black Friday”, “Dev D” and the two-part crime saga “Gangs of Wasseypur”.

Founded in 2011, his manufacturing home Phantom Films  produced movies akin to “Lootera”, “Queen”, “Ugly”, “NH 10”, “Masaan” and “Udta Punjab”.
However, it was disbanded seven years later. Kashyap later launched a brand new manufacturing firm known as Good Bad Films whereas Motwane launched Andolan Films.