Income Tax raids on Dil Raju’s properties in Hyderabad
Further details about the ongoing raids are awaited.
Hyderabad: The Income Tax Department conducted raids on film producer Dil Raju’s properties, including his office and homes, in Hyderabad. According to sources, the raids were carried out at eight different locations, including the residences of his relatives.
Dil Raju, whose real name is Velamkucha Venkata Ramana Reddy, is a prominent Telugu film distributor and producer. He owns Sri Venkateswara Creations, a leading production company
He was recently appointed as the Chairman for Telangana Film Development Corporation by the state government.
In January, Dil Raju produced two films. While the pan-Indian film Game Changer underperformed at the box office, his other release, Sankrantiki Vastunnam, is breaking non-RRR records and generating significant revenue.
Further details about the ongoing raids are awaited.
