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I-T raids continue overnight at properties linked to Taapsee Pannu, Anurag Kashyap

The Income Tax Department on Wednesday raided the homes and offices of Bollywood actor Taapsee Pannu and filmmaker Anurag Kashyap as well as his partners who launched the now-shuttered production house Phantom Films, officials said. The raids began in the morning and are expected to be continued till late night.

PTI PTI
New Delhi Updated on: March 04, 2021 12:26 IST
IT dept raids Taapsee Pannu, Anurag Kashyap, others in tax evasion probe; expected to continue
Image Source : INSTAGRAM/TAAPSEE PANNU, ANURAG KASHYAP

IT dept raids Taapsee Pannu, Anurag Kashyap, others in tax evasion probe; expected to continue till late night

The Income Tax department's raid continued overnight at properties linked to Bollywood actor Taapsee Pannu and filmmaker Anurag Kashyap in Mumbai and Pune. The I-T sleuths raided the homes and offices of Pannu, Kashyap as well as his partners who launched the now-shuttered production house Phantom Films, according to officials privy to the development said.

The searches, part of a tax evasion probe against Phantom Films and carried out across 30 locations in Mumbai and Pune, also covered Reliance Entertainment group CEO Shibhasish Sarkar and some executives of celebrity and talent management companies KWAN and Exceed, they said.

 
The raids began in the morning yesterday and continued overnight. Documents and computer peripherals have been recovered from various premises, officials said.

Pannu and Kashyap, both known to be outspoken in their views on a range of issues, are shooting in Pune and are understood to have been questioned by the tax sleuths as part of the preliminary questioning that takes place during raids.

The others searched include some Phantom Films production house employees, which was dissolved in 2018, and its then promoters Kashyap, director-producer Vikramaditya Motwane, producer Vikas Bahl and producer-distributor Madhu Mantena.

Tax department sources said some inter-linked transactions between the entities searched are under the scanner of the department. The raids, they added, are aimed at gathering more evidence to further probe tax evasion allegations against them. The business transactions of films made under the banner of Phantom Films are also being probed, the sources said.
 
The searches against Mantena are also being carried out in context of his links with KWAN, of which he is a co-promoter. While Kwan's client list includes Deepika Padukone, Exceed manages Saif Ali Khan and Sonakshi Sinha among others.

Kashyap and Pannu, who worked together in the 2018 film "Manmarziyaan",  are now collaborating in the upcoming film "Dobaara". 

While the raids attracted a lot of attention on social media platforms, most of Bollywood was quiet.

Pannu's last tweet was on March 1, when she spoke on the Supreme Court asking a man accused of repeated rape whether he was willing to marry the woman. When the court was told he is already married, he was asked to seek regular bail from the concerned court.
 
The 33-year-old actor, who has made a name for herself in films such as "Pink",  "Thappad"  and  "Badla", put out a strong worded post on the matter.
 
Kashyap, who had visited JNU and Shaheen Bagh during the anti-CAA protests last year and is known to be equally outspoken on a range of issues, has been quiet on Twitter in recent times except for occasionally retweeting others.

The 48-year-old, one of the most prominent new directors in Hindi cinema, is the man behind "Black Friday", "Dev D" and the two-part crime saga "Gangs of Wasseypur".

Founded in 2011, his production house Phantom Films  produced films such as "Lootera", "Queen", "Ugly", "NH 10", "Masaan" and "Udta Punjab".
However, it was disbanded seven years later. Kashyap later launched a new production company called Good Bad Films while Motwane launched Andolan Films.

READ MORE: I-T raids on Anurag Kashyap, Taapsee Pannu trigger Congress-BJP faceoff

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