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IT search on Shah Rukh's company reveals TDS violation

A search was conducted by the Income Tax Department on the actor's entertainment company Red Chillies Entertainment.

DNA Web Team

Updated : Nov 19, 2013, 11:17 PM IST

MUMBAI: A search conducted by the Income Tax Department on actor Shah Rukh Khan's entertainment company Red Chillies Entertainment has revealed alleged violation of Tax Deducted at Source, IT sources said here on Saturday.

There has been a violation to the extent of Rs 10 lakh and the exact amount is being worked out, the sources claimed.

The actor and officials of his company were not immediately available for comment.

The IT officials had on November 23 carried out a survey of Red Chillies at the actor's premises in Bandra here.

Red Chillies, of which Khan and his wife Gauri are directors, is a production house and has produced Main Hoon Na and Paheli, in which he also acted.

The company, while hiring studios for shooting, allegedly did not deduct TDS while making payments in some cases, sources said.

In other cases, TDS was either not deducted from the salaries of employees or was not paid to the IT department, the sources added.

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