Income tax raids in Taapsee Pannu and filmmaker Anurag Kashyap properties: Report

The Income Tax Department has raided the properties of actor Taapsee Pannu and filmmaker Anurag Kashyap.

A report states that the qualities of filmmaker Vikas Bahl are also being explored. The search is reportedly being done in Mumbai and various other places. Reportedly, the searches are related to Phantom Films.

Reports suggest that the raids are being carried out by Tase, Anurag and Vikas in a case of tax evasion.

In January this year, Madhu Mantena bought shares of filmmaker Anurag Kashyap, Vikram Motwane and Vikas Bahl in Phantom Films. Which marked the official exit of Kashyap, Motwane and Bahl from the company. The production and distribution company was founded in 2011 by Mantena, Kashyap, Motwane and Bahl. In 2015 Reliance Entertainment bought a 50% stake in the company.

In October 2018, the team decided not to work together after allegations of sexual abuse against Bahl. The filmmaker was later cleared of all charges by the Internal Complaints Committee of Reliance Entertainment.

Following the official exit of Kashyap, Motwane and Bahl, Phantom Films will now be a JV (join venture) between Mantena’s new company Mad Man Ventures and Reliance Entertainment.

Meanwhile, Tapase Pannu and Anurag Kashyap resumed shooting for Dobara, their second collaboration after Manmarji.