As per T-town buzz, IT raids have been conducted on producer Allu Aravind’s office. IT sleuths have reportedly conducted raids last night at Geetha Arts office in Jubilee Hills. The raids are said to be as part of normal procedure which IT officials do on regular basis on several firms.
Whilst IT raids on Tollywood producers isn’t new, the timing of the raids – financial year end gains some significance. Geetha Arts and its sister company GA2 Pictures have two good releases in FY 2018-19. Both Geetha Govindam and Taxiwala which has Vijay Deverakonda in the lead were successful in this fiscal year. And the production house is gearing up to bankroll big-budget film with Trivikram and Allu Arjun in association with Haarika & Hassine Creations.
With IT raids on Geetha Arts, several other top producers, distributors got alerted and prepared themselves for any such raids, sudden inspections on their offices.
