Income Tax officials raid offices of ‘Baahubali’ producers (Updated)

The effort to unearth black money is gaining momentum across the country as Income Tax officials conducted searches at offices belonging to producers of last year’s biggest Telugu blockbuster ‘Bahubali’.

“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” a source from the IT department was reported as saying by a news channel.

There are reports that searches are currently on in Hyderabad at the offices located in Banjara Hills and Jubilee Hills.

Released across more than 4000 theatres in multiple languages, ‘Baahubali: The Beginning’ grossed more than Rs 600 crore worldwide. It’s also the biggest dubbed Hindi film of all time.

Update: According to a news report on NDTV, Rs 60 crore worth of money in the discontinued Rs 500 and Rs 1000 denominations were found at the offices of ‘Baahubali’ producers.

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26 Comments

  • Agli baar bhi Modi sarkar.. Hatss off to Modi..
    Unconveinience is there no doubt but its for Greater Good..
    JAI HIND

  • @indicine, to what extent Scrapping of ‘ 500 ‘ and ‘ 1000 ‘ Black money has effect on dear zindagi ???????
    Will there be new 500 and 1000 Rupees?

  • Income tax official should raid the home & office of Duniya ka sabse bada tax CHOR rather than Bahubali producers offices.

  • Wow! 60 crs is a lot of money. Not sure if the producers are same but if they are, This will surely affect the way Bahubali 2 shapes up if it isn’t completed already.

    It has affected Rock on 2 massively.

  • Why aren’t they raiding Gurmeet Ram Rahim Singh? I am 100 procent sure that he is turning is black money in to white. That is why he is doing shitty movies!

  • The new initiative of discontinuing 500 and 1000 Rupee notes is a masterstroke by the Central Government . Yes it is causing trouble to many people but in the next few days the situation will be normal . I am not sure whether this is a rumour or correct news but this is not a good sign . Income Tax Department is on a roll these days and they have done a terrific job all over India .

  • Baahubali is a big scam. It collected 517 cr worldwide and producers said 600 cr which is fake. Many politicians’s black money involved in this movie. main reason behind this movie getting national award for best film instead of bajrangi bhaijaan

  • It’s a great initiative by PM. Really hats off to him for that. People should cooperate with the government instead of complaining bcoz in the end only they will benefit from it. And some fools have no work other than talking shit about Salman and Srk in each and every article and comment.

  • @1:02am

    Mr intellectual….it’s a Bollywood related website. Therefore people will definitely talk about Bollywood stars here. If you want any Congress/BJP news then visit their official websites and don’t show your face in #indicine again.

  • Be aware this could be a conspiracy, arranged and requested raid by Bahubali Producers. To convert their invalid currency stock through income tax department itself.
    Nation should be cautious. Bahubali may pay some penalty or prove that its tax paid money and in return get new notes. Fooling Indians.
    Why Income tax department should take control of invalid currency ?

  • lol on you @ mohammed …requested raid ??? and the currency is invalid for commom people not for I-T dept….they wont get new notes in return..moreover bahubali team has to pay huge penalty also on those unaccounted notes….huge benefit for nation from that single raid…noone can get away with I-T dept…:-)

  • @Tiger, I know that it’s a bollywood website but some fools like u have to write shit about Srk in each and every comment, doesn’t matter if the article is related to Srk or not. Same is the case with Salman. According to me these type of people don’t have a life.

  • meanwhile it surely has affected bollywood…
    many stars like SRK, Amit ji are happy with the decision and even congratulating Modi ji for such brave steps..

    whereas some stars are afraid who still have crime records on their name…..after baahubali office next target may be a charity NGO which just shows off the charity but with high profile models and stars on the ramp…they selling a tshirt worth Rs 2000 but where that money goes..?
    BEWARE

  • respect celebrities like AKKI, SRK

    who are on of the top Tax payers in the industries…and still DON’T BUSINESS ON THE NAME CHARITY WORK….

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