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Mahesh Babu did not pay taxes for a decade?
Highlights
Mahesh Babu Telugu superstar bank accounts have been seized on Thursday due to nonpayment of tax arrears from last decade, it seems
Mahesh Babu, Telugu superstar bank accounts have been seized on Thursday due to non-payment of tax arrears from last decade, it seems.
Major issue has been Rs. 18.65 lakhs of tax that he did not pay in 2007-08. Officers claim that he did not pay from last 10 years too.
They say he did not adhere to the Income tax act which enables him to earn big amounts as an entertainer, of paying additional service tax that is applicable on people in Entertainment Industry.
His accounts in Axis Bank and ICICI Bank have been seized but Mahesh who is vacationing with family is unavailable to comment.
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