Income Tax raids Taapsee Pannu, Anurag Kashyap's residences

The Income Tax Department on Wednesday conducted searches at producer Madhu Mantena, actress Taapsee Pannu, director/producer Anurag Kashyap and Vikas Bahl's residence in Mumbai. The search is being carried out by the IT on people related to Phantom films for tax evasion.

"Income Tax raids underway at the properties of film director Anurag Kashyap and actor Taapsee Pannu in Mumbai," ANI quoted the Tax Department as saying.

For the uninformed, Phantom Films was a film production and distribution company established by Anurag Kashyap, director Vikramaditya Motwane, producer Madhu Mantena and Vikas Bahl. The company was discontinued in October, 2018.

More details to this story are still awaited.