I-T raids at Chiru daughter’s home

May 13, 2012 |

Chennai/Hyderabad

Tags:

chiranjeevi-laugh_7.jpg.crop_display.jpg

Income-tax officials in Chennai conducted raids on the premises of business tycoon L.V.R. Sivaprasad at Alwarpet in the city and recovered cash and documents, sources said. They said over 20 IT officials conducted the raids beginning Friday afternoon. The searches went on till almost noon on Saturday. A large sum of money and some documents were seized, they said. Mr Sivaprasad’s son Vishnu is married to Sushmita, the younger daughter of actor-politician Chiranjeevi. Also, Mr Sivaprasad is the son of late L.V. Ramaiah, who was the president of Andhra Chamber of Commerce in Chennai, and had pioneered the import of palm oil into India.

It is said that Mr Sivaprasad was out of town when the raids took place. However, the IT officials questioned his son Vishnu Prasad regarding the seizures made under Section 132 of the IT Act. The cash recovered has been deposited in the Reserve Bank of India. Meanwhile, Mr Chiranjeevi said in Hyderabad that the IT raids had nothing to do with him or his daughter. “Some news channels are trying to spread false rumours that the IT seized money belonging to me. The allegations are baseless. Some news channels are attempting to malign me”, he said.

Post new comment

<form action="/comment/reply/151259" accept-charset="UTF-8" method="post" id="comment-form"> <div><div class="form-item" id="edit-name-wrapper"> <label for="edit-name">Your name: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="60" name="name" id="edit-name" size="30" value="Reader" class="form-text required" /> </div> <div class="form-item" id="edit-mail-wrapper"> <label for="edit-mail">E-Mail Address: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="64" name="mail" id="edit-mail" size="30" value="" class="form-text required" /> <div class="description">The content of this field is kept private and will not be shown publicly.</div> </div> <div class="form-item" id="edit-comment-wrapper"> <label for="edit-comment">Comment: <span class="form-required" title="This field is required.">*</span></label> <textarea cols="60" rows="15" name="comment" id="edit-comment" class="form-textarea resizable required"></textarea> </div> <fieldset class=" collapsible collapsed"><legend>Input format</legend><div class="form-item" id="edit-format-1-wrapper"> <label class="option" for="edit-format-1"><input type="radio" id="edit-format-1" name="format" value="1" class="form-radio" /> Filtered HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd></li><li>Lines and paragraphs break automatically.</li></ul></div> </div> <div class="form-item" id="edit-format-2-wrapper"> <label class="option" for="edit-format-2"><input type="radio" id="edit-format-2" name="format" value="2" checked="checked" class="form-radio" /> Full HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> </fieldset> <input type="hidden" name="form_build_id" id="form-021f40558ed6be312ac718806d12a3ce" value="form-021f40558ed6be312ac718806d12a3ce" /> <input type="hidden" name="form_id" id="edit-comment-form" value="comment_form" /> <fieldset class="captcha"><legend>CAPTCHA</legend><div class="description">This question is for testing whether you are a human visitor and to prevent automated spam submissions.</div><input type="hidden" name="captcha_sid" id="edit-captcha-sid" value="86603641" /> <input type="hidden" name="captcha_response" id="edit-captcha-response" value="NLPCaptcha" /> <div class="form-item"> <div id="nlpcaptcha_ajax_api_container"><script type="text/javascript"> var NLPOptions = {key:'c4823cf77a2526b0fba265e2af75c1b5'};</script><script type="text/javascript" src="http://call.nlpcaptcha.in/js/captcha.js" ></script></div> </div> </fieldset> <span class="btn-left"><span class="btn-right"><input type="submit" name="op" id="edit-submit" value="Save" class="form-submit" /></span></span> </div></form>