IT Raids on Hero Nani & Top Production Houses

Income Tax Department has conducted raids on popular Telugu celebs who are earning big these days! Income Tax officials have held raids on actor Nani's office and the production houses Haarika & Hassine and Sithara Entertainments. Also, the raids are happening at different places that belong to Nani and producer Radha Krishna. Sithara Entertainments, the sister company of Haarika & Hassine Creations will produce big-budget films and Nani who got a big hit through Jersey has taken a share from the collections of the film. This is the reason behind the Income Tax Department conducting raids on Nani and these two production houses.

IT searches were also conducted at Suresh Productions today before targeting Nani and these two production houses. Recently, the raids were held at the office of the producer, distributor Sunil Narang of Asian Cinemas. No wonder IT Raids will be often conducted, especially at the offices of Tollywood celebrities as the film industry earns huge profits if a film becomes a hit. Then what if back to back films are getting hits! There is no doubt that the producers and actors can bag a lot of money.

Suresh Productions is the production house that produces many big, medium and low budget films. It is also well-known for encouraging new talent. And then, Sithara Entertainments and Haarika & Hassine Creations come next, handling star-studded movies.