‘Manjummel Boys' movie poster 
Kerala

Manjummel Boys: I-T raids continue at Soubin Shahir’s office

The search was conducted at Soubin’s office at SRM Road from morning to evening.

Express News Service

KOCHI: The Income Tax (IT) Department officials continued search for the second day at the office of actor Soubin Shahir on Friday as part of the probe into tax evasion involving producers and distributors of the hit Malayalam movie Manjummel Boys.

The officials on Thursday had searched the offices of Parava Films and Dreambig Distributors in Kochi.

The search was conducted at Soubin’s office at SRM Road from morning to evening. The officials said the search operation is over and they have recovered several documents.

There were reports that the IT team has estimated tax evasion to the tune of Rs 60 crore. However, IT officials did not confirm it stating that an estimate of tax evaded will emerge after examining the recovered documents and bank transaction details.

The police and enforcement directorate had also conducted a probe into financial activities surrounding the movie.

Market meltdown as crude prices soar 25% on West Asia conflict; Sensex crashes 2,500 points

LIVE | West Asia conflict: Khamenei's son named supreme leader; US, Israel continue strikes on Iran as oil surges

Parliament budget session LIVE| Lok Sabha proceedings begin; Jaishankar concludes statement in RS on West Asia conflict

Excise policy case: Delhi HC says it will stay trial court's remarks against CBI officials

$100 million worth gold arrived from Venezuela: US Interior Secretary after new mining licence

SCROLL FOR NEXT