There is a discussion all over the country about the raids of income tax lying at the house of Bollywood actress Taapsee Pannu and director Anurag Kashyap. Now Finance Minister Nirmala Sitharaman has said that the Income Tax Department took similar action against these two in 2013. But then it was not made such an issue, as it is now being made.
Detection of tax evasion in the national interest
Refusing to name a particular person, the Finance Minister said that it is in the national interest to detect any kind of tax evasion. He said that no one spoke about the results of the raids in 2013 in the last seven years and its follow-up action during this period. But today this action is being made an issue. Taapsee Pannu and Anurag Kashyap are known for their opinions on various issues. Recently both had also supported the peasant movement. Now the Income Tax Department raids being conducted against these two are being called as revenge action.
Raid of income tax department continues for third day
The raids of Income Tax (IT) officers in many share holders of Phantom Films are also continuing for the third day. Those working at Cowan Talent Management Company are being questioned. Late night Jaya Saha, former manager of late actor Sushant Singh Rajput, was summoned. The Central Board of Direct Taxes, or CBDT, said on Thursday that a total of Rs 370 crore tax evasion case has come to light. This tax evasion is caused by under-valuation of share transactions by showing tax and bogus expenses. The Income Tax Department raided a total of 28 locations in Mumbai, Pune and some other cities from 8 am on Wednesday.
Investigation is underway between Quan and Phantom Films
Income tax officials are checking the agreements / contracts between Kwan and the celebrities. The income tax department is also eyeing how much commission Kwan has earned in these contracts. This amount will be matched to the account book of Phantom Films and it will be ascertained whether the information given by Phantom to the film stars is correct or not.
4 big revelations in income tax raids
According to CBDT, it has been learned that a leading production house showed less earnings than its actual box office income. This disturbance is about 300 million. The production house could not calculate it.
A production house undervalued the shares in share transactions. There was also a disturbance in the transaction. This entire case is about 350 crore rupees of tax evasion. It is being investigated further.
During the raids at the locations of an actress, cash transactions of 5 crores were received. It is being verified.
During the raids at the Leading Producer-Director’s bases, evidence of fake expenses was found. During this time a case of tax evasion of 20 crores has come to light. Similar evidence has also been found against the actress, which is being investigated.
Recovery of Taapsee’s deleted data started
IT officials suspect that the data has been deleted from the phone of actress Taapsee Pannu. According to sources – Mobile data of several share holders including Director Anurag Kashyap was deleted. The officials are recovering it with the help of experts. Sources are also stating that Taapsee’s statements may be recorded in a few days. The investigation agency has seized 3 laptops and 4 computers from the houses and offices of Anurag and Tapsi. Both their WhatsApp chats have also been backed up.