MUMBAI: The Income Tax department on Wednesday carried out searches at properties of filmmakers Anurag Kashyap, Vikas Bahl, Madhu Mantena and actor Taapsee Pannu. The I-T searches are in connection with Kashyap’s Phantom Films, which was dissolved in 2018. Searches are also underway at several locations in Mumbai, including the properties of Shibhashish Sarkar (CEO Reliance Entertainment), Afsar Zaidi (CEO Exceed), Vijay Subramaniam (CEO Kwan). Exceed Entertainment and Kwan Entertainment are Mumbai’s popular celebrity management agencies.
Anurag Kashyap, Vikramaditya Motwane, producer Madhu Mantena, and Vikas Bahl came together to found film production company Phantom Films in Mumbai. In March 2015, Reliance Entertainment procured 50 per cent stake in the company.
After a series of movies comprising both hits and misses, the company was dissolved in 2018 facing a sexual assault allegation on Vikas Bahl, brought by a former employee of Phantom. (AGENCY)
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