"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
Bollywood producer Ekta Kapoor's firm Balaji Telefilms has been found guilty of tax evasion of upto 30 crores.
Bollywood producer Ekta Kapoor was raided this morning by officials from the Income Tax department.
A federal tax lien was filed against the Britney Spear's second husband Kevin Federline on February 14th, claiming he owes $30,517.16 for outstanding income tax.
Amitabh Bachchan, who received a notice from the Supreme Court over Income Tax payment, says he will follow the law.
Megastar Amitabh Bachchan, who was issued a notice by the Supreme Court over tax dues, reacted philosophically to the development.
The IT department says megastar Amitabh Bachchan owes 1.66 crores in taxes for his show Kaun Banega Crorepati for the year 2001-02.