Tollywood Hero Black Money Turned into White?

Many of them knows that IT Sleuths was raided recently on the houses of the actors like Nagarjuna, Anushka and Ravi teja and the IT Officials also sent the legal notices to those actors for inconsistency in Tax payment.

Now the latest buzz in the film nagar is that Raviteja was unable to show proper accounts for the amount of Rs 20 Crores it seems, for that he was penalized with Rs 3.5 Crores by IT officials. Now the latest buzz is that Raviteja paid that Rs 3.5 Crores and he made it his black money Rs. 20 Crores into white money.

As per the sources after these raids many of the Tollywood personalities are moved their black money and illegal property documents to secret places.As per the Film nagar sources that most of properties invested in by Raviteja were found in the form of liquid cash and real estate properties which were seized during IT raids due to improper documentation.

Nagarjuna and Anushka were among the others who were raided but there is no information known about their illegal properties and money. Raviteja was penalized with Rs 3.5 crores then it could be guessed on how much will the leading stars like Nagarjuna and Anushka be charged.