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Income Tax officials launched simultaneous raids on film producer Dil Raju's offices and residences across eight locations in Hyderabad.
The searches targeted Dil Raju's Sri Venkateswara Creations, focusing on potential tax evasion in recent film productions.
IT officials investigated financial transactions, inspecting bank lockers with Dil Raju's wife present during the process.
Raids also extended to Mythri Movie Makers, the production house behind blockbuster 'Pushpa 2: The Rule'.
Searches continued for four days, covering premises in Jubilee Hills and Banjara Hills, including Dil Raju's brother's property.
The department reportedly identified mismatches between movie revenues and declared income tax for recent films.
Dil Raju, also Chairman of Telangana Film Development Corporation, has produced notable films like 'Varisu' and 'The Family Star'.
Income tax teams examined key documents, including balance sheets and tax returns for recent movies.
During the raids, Dil Raju's mother fell ill and was taken to hospital, though sources reported no serious concerns.
The investigation is expected to conclude with potential summoning of Dil Raju and family members for explaining tax return discrepancies.