The Income Tax department carried out searches at the properties of Anurag Kashyap, Taapsee Pannu, Vikas Bahl and Madhu Mantena. According to various media reports, the I-T searches are connected with Kashyap’s production house Phantom Films which dissolved in 2018. Raids are underway at 22 locations linked to Phantom Films and Kwan in Mumbai reports India Today.
Anurag Kashyap, director Vikramaditya Motwane, producer Madhu Mantena and Vikas Bahl Phantom films in 2011. However, the company was dissolved in 2018 because sexual harassement charges levied upon Vikas Bahl.
Searches are also underway at properties of Shibhashish Sarkar (CEO Reliance Entertainment), Afsar Zaidi (CEO Exceed), Vijay Subramaniam (CEO Kwan). Exceed Entertainment and Kwan Entertainment are Mumbai’s popular celebrity management agencies HT reports.