The Income Tax raids related to ‘Pushpa 2:The Rule’, ‘Game Changer’ and ‘Sankranthiki Vasthunam’

continued for the third day on Thursday in Hyderabad.

Renowned producer and Telangana FDC Chairman Dil Raju was searched by the IT department at his houses, including Ujas Villas, Jubilee Hills along with his offices.

Raids were conducted in the premises of his relatives including daughter Hansita Reddy, producer Sireesh, who is co-owner of Sri Venkateswara Creations and director Anil Ravipudi.

There were discrepancies found between the income reported and the tax paid by the production companies. As part of the raid Business transaction documents from several companies were seized.

The IT officials are also inspecting the bank lockers. Dil Raju’s wife Tejaswini was taken to a bank on Tuesday and lockers were opened in her presence. Several teams of I-T officials were checking the financial transactions of the production houses. The searches are being conducted after registering a case based on initial evidence.

The searches were also on the Movie makers of ‘Pushpa 2’. The searches targeted houses of Myrthi founders Naveen Yemeni and Yalamanchili Ravi Shankar, CEO Cherry and other key people associated with the leading production house.