ENTERTAINMENT

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


The Earnings Division has been conducting a raid at loads of areas in Mumbai that started early on Wednesday. They were conducting raids at actor Taapsee Pannu, filmmakers Anurag Kashyap and Vikas Bahl’s location. Now, as per reports, the IT division will most likely be conducting a raid at Reliance Entertainment CEO Shibasish Sarkar’s location as properly.

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

Reportedly the quest is being conducted in 30 areas in Mumbai and Pune. Some executives of celebrities and talent management company KWAN are also being raided.

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

The reports also inform that some inter-linked transactions between entities searched are below the scanner of the division and the raids are being carried to bag evidence for their tax evasion probe.

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


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