The income-tax department, which carried out raids on premises of Taapsee Pannu and Anurag Kashyap and their associates on 3rd March, claimed to have found evidence of cash receipts of Rs. 5 crore by Taapsee Pannu and her company, and tax evasion of up to Rs. 20 crore by her, Anurag Kashyap and other associates. A statement by the department also referred to discrepancies in deals worth Rs. 300 crore which were linked to Phantom, the production house in which Kashyap was a partner and which now stands dissolved due to disputes between him and his partners. The raids continued yesterday (March 4) also. In all, 28 premises belonging to the actress, Anurag Kashyap, Phantom, Reliance Entertainment, talent management agencies Kwan and Exceed Entertainment and others were searched in Bombay, Pune, Delhi and Hyderabad. The department has also claimed that evidence related to manipulation and under-valuation of share transactions of Phantom among the film directors and shareholders having tax implications of about Rs. 350 crore has been gathered.
Taapsee and Anurag were questioned by I-T officials on 3rd March, at a hotel in Pune where they were shooting for a film.