Film Producer Elred Kumar Evades 1000 Crores Tax

Elred Kumar is known for producing the super hit Tamil films ‘Vinnai Thandi Varuvayaa’, ‘Ko’, and several others under the banner RS Infotainment. The popular producer is next producing Vetri Maaran’s ‘Viduthalai’ featuring Soori and Vijay Sethupathi in the main leads. However, in the income tax raid that took place yesterday, a total of Rs 3.82 crore in cash and 8.4 kg of gold were seized from the premises owned by Elred Kumar. The producer has reportedly engaged in some illegal businesses

Moreover, Elred Kumar is also having several stone quarries in Tamil Nadu and supplies materials across the state. The stone quarry business is said to be the main business of Elred Kumar and the success in the business had driven him to cinema production. As per the Income Tax Department, It has been found that fake receipts, a few false accounts were created through which around Rs 1000 crores are invested.

Elred Kumar evading a tax of a huge amount has come as a shock to Kollywood. Meanwhile, fans are worried about ‘Viduthalai’ since the film’s release might get delayed.


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