IT raid on producers of '1 - Nenokkadine’
IT raid on producers of '1-Nenokkadine’, Income Tax officials raid on 1-Nenokkadine Producer. The officials took control of the office and sealed the premises. Interestingly, the raid took place two days ahead of the worldwide release of '1-Nenokkadine.'
- Seal ‘14 Reels Entertainment’ office in Hyderabad
- Rs 75 crore budget Mahesh Babu film does pre-release business of Rs 90 cr
Hyderabad: Income Tax officials raided the office of ‘14 Reels Entertainment’, producers of the much awaited '1-Nenokkadine’, here on Wednesday evening.
14 Reels Entertainment is an Indian film and distribution company based in Hyderabad.
Along with producers Ram Achanta, Gopichand Achanta, and Anil Sunkara a few distributors present at the office were questioned. It has been learnt that the sleuths seized some laptops, hard disks, cell phones and other important files regarding the company. According to reports, the IT officials asked the producers to submit all documents related to the movie. The movie was said to be produced with a budget of Rs 75 crore and it had done a pre-release business of around Rs 90 crore which prompted the IT department to probe into it.
The officials took control of the office and sealed the premises. Interestingly, the raid took place two days ahead of the worldwide release of '1-Nenokkadine.'