The Income Tax department today conducted raids at the offices of Nithin and his father Sudhakar Reddy. The IT raids began this morning at Sudhakar Reddy office in Jubilee Hills.
Sudhakar Reddy is leading producer and distributor. He also does business in partnership with other distribution houses like Global Films and Asian Cinemas.
As Sudhakar Reddy distributed movies like Nandamuri Balakrishna's "Gautamiputra Satakarni" in Nizam area, the IT officials is said to have visted him to enquire the accounts.
On the other hand, Nithin recently launched two movies and it was reported that he took huge remuneration for it. Nithin's father Sresth Movies also announced huge line up.