Jr NTR Receives Notices For Tax Evasion

Hyderabad: Actor Jr NTR received notices from the union finance ministry in relation to tax evasion to the tune of Rs 1.10 crore.

The Comptroller and Auditor General (CAG) pulled up the union government for giving tax exemption to the actor. The latter received a remuneration of Rs 7.33 crore for his movie "Nannaku Prematho". The tax deductible for that amount was Rs 1.10 crore. However, Jr NTR claimed tax exemption on the grounds of "export of services" as most part of the movie was shot in London. Incidentally, Bollywood hero Ranbir Kapoor also claimed tax exemption on similar grounds. He received huge remuneration for the film "Ae dil hai mushkil" but is said to have claimed tax exemption.

CAG was said to be unhappy with the explanation given by the finance ministry for approving tax exemption for these two actors. It wanted the ministry to investigate similar instances of tax evasion. In this regard, showcause-demand notices were issued to Jr NTR and Ranbir Kapoor.