Income Tax officials on Friday, conducted searches at offices belonging to producers of multilingual magnum opus Baahubali in Hyderabad. “The search is part of the routine procedure the Income Tax department follows from time to time. These kinds of searches are mostly confined to offices and places belonging to people connected to the target,” sources told.
The searches are currently on at the offices located in Banjara Hills and Jubilee Hills areas of the city. The Prabhas, Anushka Shetty and Rana Daggubati-starrer mega movie was displayed across 4,000 screens worldwide in Telugu, Tamil, Hindi and Malayalam languages in August last year.
The film, much appreciated for its visual and other special effects, is a period action drama that took nearly three years to complete. Its sequel is expected to be released next year.
The S S Rajamouli-directed film, produced by Shobu Yarlagadda and Prasad Devineni, had reportedly grossed over Rs 500 crore. Income
(With inputs from PTI)