Soubin Shahir Under Investigation For 40 Crore Tax Evasion Linked To 'Manjummel Boys'
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- | UPDATED: 29 Nov, 2:33 pm IST
Soubin Shahir's Production Company Faces ₹40 Crore Tax Evasion Probe
Actor Soubin Shahir is under investigation for alleged tax evasion linked to his production company, Parava Films, over the ₹40 crore discrepancy in revenue from the hit film Manjummel Boys. The movie, which grossed ₹140 crore, is suspected to have concealed ₹40 crore in earnings, prompting a probe by the Income Tax Department. The investigation revealed irregularities in tax filings, leading to raids at Parava Films. Additionally, a complaint from Siraj Valiyathara Hameed, accusing the filmmakers of fraudulent financial practices and failure to honor profit-sharing agreements, has triggered a money-laundering investigation by the Enforcement Directorate.
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