The Revenue Division has been conducting a raid at a number of areas in Mumbai that began early on Wednesday. They had been conducting raids at actor Taapsee Pannu, filmmakers Anurag Kashyap and Vikas Bahl’s residence. Now, as per studies, the IT division can be conducting a raid at Reliance Leisure CEO Shibasish Sarkar’s residence as effectively.

IT dept raids premises of Madhu Mantena, Reliance Entertainment CEO Shibasish Sarkar and KWAN talent agency

Reportedly the search is being carried out in 30 areas in Mumbai and Pune. Some executives of celebrities and expertise administration firm KWAN are additionally being raided.

Stories state that the IT raids are a part of suspected tax evasion in opposition to Phantom movies which was dissolved in 2018 and its then promoters Anurag Kashyap, Vikramditya Motwane, Vikas Bahl and Madhu Mantena. Raid on Mantena’s premises are additionally being held for his hyperlinks with KWAN of which he was a co-promoter.

The studies additionally state that some inter-linked transactions between entities searched are beneath the scanner of the division and the raids are being carried to collect proof for his or her tax evasion probe.

ALSO READ: Revenue Tax division conducts raid at Taapsee Pannu and Anurag Kashyap’s residence in Mumbai


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