Income Tax Notices to Sarrainodu Producers?

By - May 15, 2016 - 12:36 PM IST

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Allu Arjun’s Sarrainodu team is on cloud nine with their film’s stupendous box-office success and they have every reason to celebrate this success.
Sarrainodu team is already proudly announcing that the film has grossed over Rs 100Cr. Meanwhile, this film came under the scanner of the Income Tax department due to its soaring profits. But as per the latest speculation, the IT department has issued notices to Sarrainodu producers Geetha Arts regarding the tax payments and the latter has replied to it.
These IT notices are quite common in this industry, especially for the big ticket producers. That is why, producers used to prefer announcing 100/150days centres instead of the profits they earned. Now that Rs 50/100 Cr has become the new funda, the makers are rather compelled to confirm the figures.

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