As indicated by the most recent refresh, the Central Revenue department is adapting to serve notification to Young Tiger Jr NTR on in view of CAG (Comptroller and Auditor General) report.
It has turned out that CAG presented a reports to Finance Minster in Parliament yesterday that Tarak has expelled the Tax of Rs 1.10 Cr on his ‘Nannaku Prematho’ film by demonstrating exemption that the film was totally shot in London. Be that as it may, revealed that the practices received by on-screen characters and movie producers to avoid service tax commitments.
As the movies shot abroad, payments to artists for their parts shot abroad were paid through foreign organizations and the service was made to resemble ‘Export of Services’ with no tax liability. NTR additionally got the compensation of Rs 7.33 Cr by a London-based organization for ‘Nannaku Prematho’.
He has been found to have avoided service tax of Rs 1.10 Cr on his compensation refering to that his film was shot widely in London and other foreign countries, and subsequently his service must be dealt with as ‘service export’ with no tax liability. In view of the report put together by CAG, Central Income Tax is planning to serve notification to Tarak .
On the workside, at present NTR is occupied in continuous film ‘Jai Lava Kusa’ Jai Lava Kusa film written and directed by K. S. Ravindra. The movie features Jr. NTR, Raashi Khanna and Niveda Thomas in the lead roles.
This film marks the Telugu debut of Hindi film and television actor Ronit Roy, who will play the film’s villain. The movie is produced by Jr. NTR’s brother Nandamuri Kalyan Ram under his banner N. T. R. Arts.
The soundtrack is composed by Devi Sri Prasad. Chota K. Naidu is the film’s cinematographer.On the otherside, NTR is additionally facilitating famous reality demonstrate Telugu Bigg Boss.