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I-T raids continue on film production houses in Hyderabad for second day
Income Tax Department officials conducted a second day of raids in Hyderabad targeting prominent film industry figures, including producer Dil Raju and companies associated with the blockbuster 'Pushpa 2: The Rule.' The raids, which began on January 21, 2025, focused on scrutinizing the income tax returns of those involved, particularly concerning the budgets and revenues of high-profile films. Officials searched Dil Raju's residence, the offices of Mythri Movie Makers (the production company behind 'Pushpa 2'), and Mango Mass Media. The investigation also includes key figures from Mythri Movie Makers, including Naveen Yerneni, Yalamanchali Ravi Shankar, and CEO Cherry. The raids, involving 55 teams from the Income Tax Department, are likely linked to the commercial success of 'Pushpa 2,' prompting scrutiny of the film's finances and those associated with its production. While authorities have not disclosed specific details of the investigation, the raids appear to be centered on discrepancies in the income tax returns of those under investigation.10:11 AM Jan 22, 2025 IST