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Rs 1-cr cash seized after Income Tax raids on Punjabi singers, film producers

Chandigarh, Dec 7: The Income Tax (IT) department has seized cash worth about Rs 1 crore and fixed deposits of Rs 65 lakh during the search operation at the offices and residences of famous Punjab

PTI PTI Updated on: December 07, 2012 12:00 IST


IT department had kept a watch on these persons since past 3-4 months after it was suspected that the way the entertainment industry particularly Punjabi movie and music industry has grown in past few years, the tax profile of these singers and producers did not go up correspondingly.



Singer-cum-actor Gippy Grewal has acted in Punjabi comedy Carry on Jatta while Diljit Dosanjh played lead actor in romantic comedy Jatt & Juliet. Both of these movies have been highest money grossers in the history of Punjabi films.

Tax officials, however, said the undisclosed income from singers-cum-actors and film producers could be known after the preparation of an appraisal report.








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