Raviteja paid Rs.3.5crores penalty!

The Income Tax raids on Nagarjuna, Anushka and Raviteja few weeks ago was a sensational subject in film circles. No wonder that Nag and Anushka stole the limelight even in this illegal black money case while Raviteja is sidelined and no where news sections reported about him. 

Here is a confidential report that IT sleuths made Raviteja to pay a penalty of Rs.3.5crores to convert nearly Rs.15 to 20crores of his black money to white. This is just tip of the iceberg and one can expect what could be the magnitude of penalty that Nagarjuna, Anushka paid. Surprised by these shocking IT attacks, many other top earning stars in the industry moved their illegal property documents to secret places. Sources in Film Nagar infer that majority of the investments Raviteja made were in the form real estate properties and there is also ample liquid unaccounted cash seized in these raids.