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Friday, July 22, 2011

Mammootty - Mohanlal's Home and Office Raids by Income Tax Department

Income Tax department raids Mammootty, Mohanlal's Home and offices in Kochi, Bangalore, Chennai
Mammootty - Mohanlal's Home and Office Raids by Income Tax DepartmentMammootty, Mohanlal, who are known to have several business interests, are facing IT action for the first time. Our sources tell us that this could well be the first major raid on stars from the Kerala film industry.

Reports coming in suggests that IT sleuths have swooped in on the stars' offices in Kochi, Bangalore and Chennai. The duo are known to have business interests, with Mohanlal even being touted as a possible owner of an IPL team.

Mohanlal has several business ventures Maxlab Cinemas and Entertainments, a film distribution company and Vismayas Max, a film post-production studio, Mohanlal has also produced films under the banner Pranavam Arts, he owns many restaurants in Dubai, Kochi and Bangalore and is a partner in Mohanlal`s Tastebuds, a pickle and curry powder company.

On his part, Mammootty has been active in the films and television, besides owning a distribution company called 'Playhouse Entertainment' that has recently bagged the rights to distribute the upcoming film "The King and the Commissioner".

The actor, who is a qualified lawyer by profession, was also reportedly involved in the 'Smart City' project in Kochi. His name cape up in this context a few times in association with Dubai-based businessman MA Yousuf Ali and the Dubai Internet City officials.