The Earnings Tax Division on Wednesday raided premises linked to the filmmakers, together with Anurag Kashyap, who launched manufacturing home Phantom Movies, and Bollywood actor Taapsee Pannu, amongst others, officers stated.
The searches are being carried out in over 30 areas in Mumbai and Pune, officers stated. Some executives of superstar and expertise administration firm KWAN are additionally being raided.
The motion is a part of a tax evasion probe and sources stated some inter-linked transactions between the entities searched are underneath the scanner of the division and the raids are aimed toward gathering extra proof to additional probe tax evasion allegations.
The Web was fast to reply and drew parallels between the IT raids and demolishing of Kangana Ranaut’s workplace by the BMC.
Individuals who had been smirking and joking when BMC demolished Kangana’s property are outraging over IT raids at Taapsee and Anurag Kashyap’s locations.Bhai maza aa raha hai
— chacha monk (@oldschoolmonk) March 3, 2021
BMC demolishes Kangana’s home.Liberals: “She deserves it!! Method to go BMC”Tapsee’s home raided by IT dept.Liberals: “Fascist Mudi shud regine. Finish of Democracy. Saffron terrorism. Hitler was higher.
— Madhur (@ThePlacardGuy) March 3, 2021
At the moment raid on Taapsee Pannu, tomorrow they may ask me to vacate my Lutyens bungalow. This govt will go to any lengths to power their critics to comply with legal guidelines and laws.— Eminent Mental (@totalwoke) March 3, 2021
Why the brouhaha?Earnings Tax raids on @anuragkashyap72 & @taapsee don’t have anything to do with vendetta,as is being projected,however every thing to do with alleged #TaxChori& concealment of earnings!Why ought to bona-fides of our tax authorities be questioned?They’re merely doing their job!
— Sanju Verma (@Sanju_Verma_) March 3, 2021
— Sudhir️♂️ (@seriousfunnyguy) March 3, 2021
So don’t fall for propaganda. Raids r carried out after following due course of legislation & solely because the final choice when Tax Payer is completely non cooperative and concerned in tax evasion. Tax Legislation of the land empowers officers to conduct such search course of.Don’t belief ecosystem narrative
— Chhayank Mehta (@chhayank) March 3, 2021
Based in 2011, Phantom Movies produced movies equivalent to Lootera, Queen, Ugly, NH 10, Masaan and Udta Punjab. Pannu, 33, has labored in quite a few Hindi, Tamil and Telugu films.