"They (IT officials) raided my office and home last week to probe whether I have evaded tax or not. My family and staff offered full cooperation to the officials. I have been religiously paying income tax, wealth tax and professional tax for all my assets and income till this very financial year," he added
"All of them including Vijay have been paying tax but not the full amount. The total tax evaded amount comes to about Rs 25 crore. In our raid, cash amounting to Rs 2 crore and gold worth Rs 2 crore was recovered," a source from the income tax department revealed
Income tax officials on September 30 raided houses of leading southern actor Vijay, whose film Puli is slated to release on October 1. They also raided the houses of the film's producers. "The raids were conducted following reports that some investment made in Puli is unaccounted for"
But under US tax law, recipients will have to declare the contents as income