GPSK IT raids, IT raids on Producers

Natasimha Balakrishna’s 100th film GautamiPutra Satakarni directed by Krish won the appreciation of critics and movie lovers across the world . The film which hit during Sankranti on Jan 12, collected more than 1 million USD in overseas becoming the biggest hit in Balakrishna’s career.

Film being a historical entertainer also got tax exemption from Andhra Pradesh and Telangana governments. Even as makers of Satakarni are celebrating the film success, IT officials raided the offices of producer and distributor Rajeev Reddy and Sudhakar Reddy simultaneously.

Officials are conducting raids at Sresth Movies near Jubilee Hills Checkpost and at First Frame Entertainment Office at Film Nagar. It is coming out that tax officials are enquiring Sudhakar Reddy as to how much collections the film collected in each theatre and proofs for the same.

Raids are on the house and office of Director Krish. IT officials formed two teams and conducted raids simultaneously from the morning.