It is known news that Income Tax (IT) officials are conducting raids at several production houses in Telugu Film Industry. Telugu film makers have come under the scanner of Income Tax (IT) department again. This time, IT sleuths have raided the offices of producer Allu Aravind. According to the latest reports, there was an IT raid at Mega producer Allu Aravind’ Geetha Arts office in Jubilee Hills.
IT officials reached Geetha Arts 2 office in Jubilee Hills on Friday. However, the sources say that this was a normal procedure that the IT officials conduct. The survey was continuing and the undisclosed income reportedly found was being quantified.
Geetha Arts and its sister concern GA2 had two big releases last year in the form of Geetha Govindam and Taxiwaala, in both the movies, young and talented actor Vijay Deverakonda played the lead roles and the movies were hit at the box office.
Everybody is aware of that Geetha Arts is now getting ready to produce a movie of Allu Arjun and Trivikram Srinivias in association with Haarika & Hassine Creations.
Geetha Arts is a production and distribution company established in 1972 by Allu Aravind, brother-in-law of Megastar Chiranjeevi. The company has produced several movies in Telugu, Tamil, Kannada and Hindi languages.