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IT Raids On D Suresh Babu, Ramanaidu Studios

The houses of film star Venkatesh and actor Nani were also raided.
Hyderabad | 20th November 2019
Income Tax officers today raided the residence and the offices of popular film producer Daggubati Suresh to investigate alleged tax evasion.

The IT sleuths, split in two groups, first raided the Suresh Productions office and then Ramanaidu Studios.

During the raids, the IT officials reportedly seized incriminating documents.

Searches were also carried out at the residence of the film producer.

The houses of his brother and film star Venkatesh, and actor Nani, were also raided.

Daggubati Suresh owns several cinema halls in both the Telugu States.

The IT department had recently conducted raids on the offices of Mythri Movie Makers, producer Dil Raju and K L Narayana, too.

Last month, the department had also raided the office of Asian Cinemas - a popular film production and distribution company - and seized important documents. It also raided the houses of Asian Cinemas owners Narayana Das and Sunil Narang.

The raids on the producers and others are creating ripples in Tollywood.
filed in:  Income Tax, Tollywood, Venkatesh, IT-Raids, D Ramanaidu
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