Income Tax Department raids properties of Taapsee Pannu, Anurag Kashyap
1 min read . Updated: 03 Mar 2021, 02:19 PM ISTThe I-T searches are in connection with Kashyap's Phantom Films, which was dissolved in 2018
The Income Tax Department’s investigation unit on Wednesday conducted searches at premises linked to Bollywood actor Taapsee Pannu and film director Anurag Kashyap in Mumbai, news agency ANI reported.
33-year-old Pannu has worked in numerous Hindi, Tamil and Telugu movies.
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The searches are part of a tax evasion probe and conducted at about 30 locations in Mumbai and Pune.
Some executives of celebrity and talent management company KWAN are also being raided.
The action is part of a tax evasion probe against Phantom Films, which was dissolved in 2018, and its then promoters Kashyap, director-producer Vikramaditya Motwane, producer Vikas Bahl and producer-distributor Madhu Mantena, they said.
As per reports, some inter-linked transactions between the entities searched are under the scanner of the department and the raids are aimed at gathering more evidence to further probe tax evasion allegations.
Founded in 2011, Phantom Films produced films such as "Lootera", "Queen", "Ugly", "NH 10", "Masaan" and "Udta Punjab".
Kashyap later launched a new production company called Good Bad Films while Motwane launched Andolan Films.
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The searches against Mantena are also being carried out in the context of his links with KWAN, of which he was a co-promoter.
Additionally, searches were on at locations associated with film producer Vikas Bahl and production and distribution company Phantom Films, HT reports.
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