Income Tax raid at office and houses of ‘Baahubali’ producers
Hyderabad, November 11: On a big blow to the producers of ‘Baahubali’, the state Income tax Department has raided the office of the Bahubali producers. While people are queuing up at ATMs, the Income Tax officials are silently working.
The IT officers raided on the offices and residences of ‘Baahubali’ producers a while ago.
Yes, the IT officers raided on Sobhu Yarlagadda and Prasad Devineni’s offices. The producers recently sold “Baahubali 2” to various distributors for whopping amount and took large sums of money as advance from them. So, the IT people used right time to raid on them.
The producers weren’t expecting this and they received big jolt.