Just before the release of ONE movie Mahesh babu producers came under the scan of IT official’s .Income Tax officials conducted raids at 14 Reels entertainment office on Wednesday evening It is a known news that the movie is being publicized as the costliest movie of tollywood for the past few days.The makers have reportedly poured Rs.70 crores for making this film and they sold all rights to Eros International for 72 crores.Maybe this news provoked the IT officials to raid on ‘1’ movie makers It seems that they have seized some Laptops, Hard Disk, Cell phones and other important files regarding their company.The outcome of the raid is yet to be ascertained.
I-T officials said they would collect all relevant documents and details.At least 14 I-T officials participated in the raids.
Further course of action will be decided based on the documents seized, they said.Other side, These raids are said to be formal like earlier and there was nothing sensational about them.
