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Special Correspondent / The Hindu / THIRUVANTHAPURAM, July 22, 2011.
Income tax officials come out after conducting a after a raid in the residence of actor Mohanlal in Thiruvananthapuram on Friday. Photo: S. Gopakumar - The Hindu.
Income Tax sleuths have said to have stumbled on unaccounted wealth running into several crores of rupees in simultaneous raids on the premises owned by top Malayalam movie actors Mohanlal and Mammootty.
The Investigation Wing of the IT Department searched the properties owned by the two in Kochi, Chennai and Bangalore from early Friday and found physical assets and documents that indicated heavy unaccounted income and wealth, sources said. Raids are going on in various properties belonging to the actors. A clear picture of the extent of unaccounted and non-taxed assets could emerge only on Saturday.
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