IT Raids on Kannada Actors: Rs 11-crore worth illegal assets seized

Searches by Income-Tax sleuths on Karnataka’s 4 superstars and 3 ace producers across the city from January 3-5 resulted in the seizure of undisclosed assets valued at Rs 11 crore, including Rs 2.85 crore in cash and 25.3 kg gold jewelry, said the department on Sunday.

Incriminating evidence found during the searches resulted in the defaulters admitting to Rs 109 crore unaccounted income.

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