Finally the Income Tax (IT) department, which raided the homes and
offices of Mammootty and Mohanlal have come out with a statement. ET
Lukose, DG Income Tax (Kochi) has found that the undisclosed incomes
of both the actors put together come to around Rs.30 crore!
In a statement ET Lukose has said: "Mammootty and Mohanlal have
undisclosed income earned invested in real estate and assets abroad
worth approximately Rs.30 crore. Add to that seizure of cash and
jewellery from the two actors would amount to Rs 2.8 Cr".
The release also said that inquiries with banks in the country and
abroad and also immovable/movable properties are being conducted.
Undisclosed cash deposits in bank accounts are also being tabulated.
Mohanlal’s huge collection of antiques and paintings have been
referred to experts for valuation
The final report containing details of undisclosed income will be
prepared by IT investigation wing within two months.
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