<h1>Income Tax Department Raids Tamil Nadu Film Industry; Uncovers Rs. 200 Crore in Undisclosed Income and Assets.</h1> The Income Tax Department conducted search and seizure operations on August 2, 2022, targeting producers, distributors, and financiers in the Tamil Nadu film industry. The searches spanned 40 locations in Chennai, Madurai, Coimbatore, and Vellore, uncovering incriminating documents and digital evidence related to unaccounted cash transactions and investments. Hidden premises were discovered, revealing unaccounted cash loans and tax evasion by film production houses and distributors. The operations detected undisclosed income exceeding Rs. 200 crore, with seizures including Rs. 26 crore in cash and over Rs. 3 crore in unaccounted gold jewelry. Investigations are ongoing.