IT Search & Survey on GPS Office!

‘Gauthami Puthra Satakarni’ is one of the high grossing films in recent times and highest ever in Nandamuri Balakrishna career. First Frame Entertainment banner of Jagarlamudi Saibabu, Rajeev Reddy and Bibo Srinu pocketed decent table profits during pre release business. Additionally, the movie also got incentive from Telangana and Andhra Pradesh State Governments in form of tax exemption.

As per reports received, Income Tax officials are carrying search and survey operations simultaneously on First Frame Entertainments office and distributors Sai Korrapati, Sudhakar Reddy offices.

While producer Rajeev Reddy returned to India today morning from the United States and is down with fever, Jagarlamudi Sai Babu and Bibo Srinu are said to be in the office when IT officers visited the place. To all our known information, GPS collected Rs.50+ Crores overall including $1.67M in the USA.