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Income Tax searches properties of Taapsee Pannu, Anurag Kashyap, Vikas Bahl

"There have been instances of tax evasion. The movies produced by the production house have been superhit, but the profits and account statements of the company are showing disproportionately low income," an official told The Indian Express.

Anurag Kashyap, Taapsee PannuTaapsee Pannu and Anurag Kashyap (Photo: Taapsee Pannu/ Instagram)

The Income Tax Department on Wednesday conducted searches against production houses and event management companies linked to actress Taapsee Pannu, filmmaker Anurag Kashyap, Vikramaditya Motwane, Vikas Bahl, and Madhu Mantena at over 30 premises in Mumbai and Pune over alleged tax evasion.

Premises of production company Phantom Films and an event management company associated with the filmmakers have been searched since this morning, a senior income tax department official said.

“There have been instances of tax evasion. The movies produced by the production house have been superhit, but the profits and account statements of the company are showing disproportionately low income,” an official told The Indian Express.

“The searches are not against the individuals but against the entities where they hold a share or are directors,” the official said.

Kashyap and Pannu have been critical about some of the recent central government policies, especially during the farmers’ agitation.

Aanchal Magazine is Senior Assistant Editor with The Indian Express and reports on the macro economy and fiscal policy, with a special focus on economic science, labour trends, taxation and revenue metrics. With over 13 years of newsroom experience, she has also reported in detail on macroeconomic data such as trends and policy actions related to inflation, GDP growth and fiscal arithmetic. Interested in the history of her homeland, Kashmir, she likes to read about its culture and tradition in her spare time, along with trying to map the journeys of displacement from there.   ... Read More

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