Income Tax Raid: Liberation filmmaker Elred Kumar has been found guilty of forging receipts, showing false accounts and evading taxes.
Tamil Nadu, First Published Mar 9, 2022, 6:10 AM IST
Liberation filmmaker
Elred Kumar produced Simbu’s Vinnaithandi Varuvaya and Jeeva starrer Ko. He runs a film company called RS Infotainment. He has produced a number of films and is currently working on the upcoming release film Suri and Vijay Sethupathi directed by Vetrimaran.
ID raid at 25 locations
Income tax officials have been conducting inspections at places related to producer Elred Kumar for the past few days. A search of more than 25 locations turned up a large number of unaccounted documents and items.
What’s stuck?
In this case, the details of what they are have been released. According to the Income Tax Department, Rs 3.82 crore in cash and 8.4 kg of gold were seized during a search of the house and offices of producer Elred Kumar.
Rs 1000 crore tax evasion
It has also been found to have forged receipts and forged accounts. According to the Income Tax authorities, it has been found that he has evaded tax of Rs 1000 crore and invested it in many things. The affair has caused a stir in Kollywood.
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Last Updated Mar 9, 2022, 6:10 AM IST
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