In a shocking development, Tollywood superstar Mahesh Babu s bank accounts were freezed by Central Board of Direct Taxes authorities for not paying GST related to brand endorsements during the year 2007-2008. According to reports, the GST department of the Board has attached two bank accounts of Mahesh Babu for an amount of Rs 73.5 lakh in connection with these tax dues which includes penalties and interests levied on the taxes which were to be paid by the actor. The above mentioned two accounts held by the actor in nationalised banks have been seized by authorities of the tax department on Thursday in Hyderabad.
Mahesh Babu is yet to give an official statement regarding the action taken by the authorities regarding his tax dues. The actor s financial dealings and endorsements are handled by his wife Namrata Shirodkar who is said to be in contact with the authorities of the tax department. This is the first time ever that Mahesh s name has cropped up in the matter of tax irregularities as the superstar is known for being prompt in paying taxes during his illustrious career.
Mahesh was last seen in Bharat Ane Nenu which was directed by Siva Kortala. The film was a political drama and also starred Bollywood actress Kiara Advani marking her debut in Telugu cinema. The actor is currently shooting for his upcoming film Maharshi which is being directed by Vamshi Paidipally and the film is said to have a message related to farmers and will see Mahesh Babu exploring new avenues.
by via Bollywood News and Gossip | Bollywood Movie Reviews, Songs and Videos | Bollywood Actress and Actors Updates | Bollywoodlife.com
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