IT Dept raids properties in relation to Phantom Films & tax evasion

Raids have been conducted on the houses of many veterans including Madhu Mantena. According to reports, the Income Tax Department has raided the case of tax evasion. There are reports that the raids at the house of Vikas Bahl, Anurag Kashyap and Madhu Mantena have happened in the Phantom films regarding tax evasion. All three are the founders of this production house while Anurag Kashyap is the owner. Income tax raids are going on in 22 places in Mumbai.