The ministry said evidence of huge suppression of income by the leading film production house compared to the actual box office collections has been unearthed. The company officials have not been able to explain the discrepancy of around Rs 300 crore, it said.
Apart from this, non-genuine, bogus expenditure by the leading producers director having tax implication of Rs 20 crore has been detected. Similar findings have been made in the case of the leading actress too.
At the office premises of the two talent management companies, huge amounts of digital data has been seized in the form of emails, whatsapp chats, hard disk etc which are under investigation.
During the search, seven bank lockers have been found which have been placed under restraint, the statement said.
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