Chennai IT raids: Rs 5-crore tax evasion by Raadhika Sarathkumar?
Raadhika is said to have told the Income Tax Department that her media company evaded tax for the said amount.
Popular actor Raadhika Sarathkumar, who was raided by officials of the Income Tax Department on Tuesday appeared for questioning on Wednesday. Sources from the IT Department reveal that the actor admitted to tax evasion to the tune of Rs 5 crore. Raadhika and her actor-turned-politician husband Sarathkumar appeared before the IT officials on Wednesday after raids were carried out on their media venture.
Officials from the income tax department carried out raids in Raadhika's media venture, Radaan media works office in T Nagar. Following the raids, a summons was issued to the actor to appear for questioning in person. Raadhika is said to have told the IT department that her media company evaded tax for a whopping Rs 5 crore.
Raids were conducted on her office a day after her residence was raided. IT department officials raided actor Sarathkumar's residence in connection with raids conducted at Tamil Nadu Health Minister Vijaya Bhaskar's properties. The by-poll in R K Nagar was called off following documents suggesting bribing of voters in the bypoll during the raids.
OneIndia News