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Ravi Teja is reported to have been fined Rs. 4 crore by the income tax authorities. It is well known that the IT officers raided the house of Ravi Teja along with Nagarjuna and Anushka recently. Inside sources say that documents relating to real estate and huge amounts of unaccounted cash were recovered from the house of Ravi Teja. Ravi Teja is reported to have paid Rs. 4 crore as penalty to the IT department.
Story first published: Wednesday, April 13, 2011, 15:25 [IST]