MB’s bank account frozen!
Actor Mahesh Babu, The popular Tollywood superstar enjoys a great fan following all over the nation. The actor who recently launched his AMB cinemas is busy gearing up for his next film “Maharishi” which is planned to hit the screen in April- 2019. Now, here comes a shocking circular from the Income-tax dept of India , which mentions that the actor has a 10-year span Tax payment pending, for the salary received from advertisements (2007,2008).
Previously, The IT department had sent repeated notice regarding the issue, which didn’t have any reply from the actor’s side. ON parallel, the longtime ignorance pumped the initial amount of Rs. 18.5 lakhs to 73.5 lakhs, with the addition of Interest.
As a result, the GST officials have blocked the ICCI and AXIS bank accounts of actor Mahesh Babu, and also the withdrawal of Rs. 42 lakhs from the latter to comprise the needs. Also, the steps are taken to draw the remaining debt amount from the star’s ICCI account. An official press release, regarding this, was sent by the firm yesterday which went viral on social media!