The media is full of speculation and gossips ever since sleuths from the Income Tax department raided the properties of top Malayalam actors Mammootty and Mohanlal in Tamil Nadu and Kerala a couple of days ago.
While Mammootty has reportedly explained details of his assets to the IT officials, Mohanlal said he had not committed any offence. “The government is welcome to take any action against me if I am found wrong,” he said.
Meanwhile, quoting IT officials, reports said they have received definite indication of income suppression by Mohanlal and Mammootty during the day-long raids on the actors’ residences, offices, business establishments and properties.
“We have seen disparities between the income shown in the IT returns filed by them and the level of investments they have made. But we would be able to quantify it only after scrutinising the income statements, investment details, and other records we have tracked. It will take time,” an official was quoted as saying.