News Karnataka
Sunday, December 04 2022

I-T raids on DNA Entertainment Network and Innovative Studios

Photo Credit :

Bengaluru: The Income Tax officials on Thursday searched the premises of two leading entertainment companies — DNA Entertainment Network Pvt. Ltd. and Innovative Studios Pvt. Ltd. — based in Bengaluru, for alleged undisclosed income.

According to sources, the operations at DNA Entertainment were a multi-city one involving search and survey at Bengaluru, Delhi, Mumbai, Kolkata, Hyderabad, and Kolar.

The searches at Innovative Studios were restricted to its premises in Bengaluru. Sources said the managing director of DNA Entertainment, T. Venkat Vardhan, is the grandson of the former Chief Minister of Karnataka, Kengal Hanumanthaiya.

DNA Entertainment is among the leading outdoor music event organisers and is also associated with sporting events and teams across cricket, hockey, badminton, kabbadi and football.

The sources said that in all, six premises belonging to DNA Entertainment was covered by I-T officials on Thursday, of which three were search and seizure while at the other three premises, officials surveyed the accounts.

Share this:
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

To get the latest news on WhatsApp