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Income Tax Department conducts searches in Punjab and Haryana, recover unaccounted cash worth Rs 1.70 crore

Income Tax Department conducts searches in Punjab and Haryana, recover unaccounted cash worth Rs 1.70 crore
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Evidence of huge suppression of income unearthed, says I-T dept on Taapsee, Anurag raids, 5 points


Highlights
The duo was reportedly grilled for several hours
Evidence of huge suppression of income unearthed, says I-T officials
NEW DELHI: The Income Tax Department has detected financial irregularities of over Rs 350 crore after it raided two film production companies, two talent management companies and a leading actress, the Central Board of Direct Taxes claimed. The statement from the CBDT came as raids on the homes and offices of Bollywood actor Taapsee Pannu, director Anurag Kashyap and his partners who launched the now-shuttered Phantom Films continued in Mumbai, Pune and Hyderabad.
According to PTI, the searches also covered some executives of celebrity and KWAN and Exceed talent management companies. ....

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