Income tax raid at RGV's office

Some time back, income tax officials had raided producer Ekta Kapoor's office as well as house, and most recently, they paid a visit to film maker Ram Gopal Varma's Millat Nagar office in Andheri.
The raid was conducted after the officials discovered that there's no record of the filmmaker's production. The Service Tax department claims that RGV has evaded to pay the tax by shifting base to Hyderabad when his films suffered financial loss post 2008. The filmmaker has to now pay around couple of crore as fine.
A tax official said that they'll be scrutinizing each of RGV's projects to find out the amount of service and professional tax he has evaded. RGV being a director, scriptwriter as well as a producer, is liable to pay service tax as he sells his films and their satellite rights.

Tag: income tax raid at rgvs office, rgv, ram gopal varma, ram gopal varma production, incom tax officials, ram gopal verma office, servi

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