The Income Tax Department officials also directed the producers Antony Perumbavoor, Anto Joseph and Listin Stephen to appear in person. The offices of Adirvad Cinemas and Magic Frame were inspected last week. The test conducted here found some discrepancy in the figures.
The raid took place at various manufacturers’ offices in Kochi. The group first raided the office of Ashirwad Cinemas at Anthony Perumbavoor’s concert stage. The inspection took place at Listin Stephen’s office on Kaloor Stadium Road and at Andro Joseph’s Antro Joseph Film Company office.
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There are two main differences. TTS has been caught before the actors can be remunerated. But it is clear that many of these have not been paid as income tax. Some actors have not been paid in full. It is shown in the documents as a distribution rights agreement. It has also been found that TDS is saved by this.
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In this situation, the Income Tax Department has asked Antony Perumbavoor, Anto Joseph and Listin Stephen to appear in person with the documents. According to the Income Tax Department, the audit of the players’ salaries will continue in the coming days.
Theaters have been closed for months following Kovid. During this time many films were released through the OTT platform. It is suspected that many people have not paid taxes on the money received through this. It is in this context that the Income Tax Department has extended its probe.
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