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Bollywood producer Ekta Kapoor's firm Balaji Telefilms has been found guilty of tax evasion of upto 30 crores.



Three days ago, nearly 100 income tax officers raided the home and offices of Ms Kapoor in Mumbai.
When she was interrogated, sources said that Ms Kapoor, whose father Jeetendra is a famous Bollywood actor, said that she was not involved with the financial management of the company.
The firm has agreed to pay the taxes it owes and a penalty.

Sources say that to avoid taxes, her company had inflated the costs of its different projects.

Balaji produces a slew of popular family soap operas and cost-efficient films. Its new movie, Shootout at Wadala starring John Abraham and Kangana Ranaut, releases today.

Ileana D'Cruz seems to be getting pretty lucky in Bollywood. After her success in Barfi, she has not signed any Telugu or Tamil movies. Ileana famous in Telugu industry for her curves and dance moves seems to have moved on to Bollywood without looking back.

Ileana has signed Phata Poster Nikla Hero, where she acts next to Shahid Kapoor. Latest update on her Bollywood career is that she is going to be the lead actress in the next Saif Ali Khan's movie. Raj and DK are set to direct this movie and they are pretty keen on casting Ileana.

Ileana has acted in many hit Telugu movies such as Pokiri, Julayi and Kick. Born in Mumbai, the beautiful actress got a break in Bollywood cinema with the super successful film Barfi. She even bagged Best Debutant Actress Award in Filmfare.

After the success from Barfi, Ileana has not signed any Telugu or Tamil films. There were rumours that she has already signed an Ekta Kapoor film and now that she has bagged a Khan movie, she will surely not be seen in town anytime soon.

Bollywood is a buzz with rumours that Ekta Kapoor is going to co-produce Mani Ratnam’s upcoming film in Hindi. This Comes as a big surprise since the kind of films which Ekta Kapoor has produced and distributed in the past have absolutely no connection with Mani Ratnam’s style of filmmaking. Of late, Ekta Kapoor has been constantly trying to push herself out of her comfort zone and collaborate with acclaimed filmmakers like Karan Johar, Anurag Kashyap, Vishal Bharadwaj, Vikramaditya Motwane among many others. Now, she seems to have convinced Mani Ratnam to let her produce his film.



After the debacale of Kadali, rumours were rife that Mani Ratnam’s next film is going to be a period love story set in the backdrop of partition. In fact, Mani Ratnam had roped in Rensil D’Silva to write the script. It still remains to be seen what exactly Mani Ratnam and Ekta Kapoor end up doing and only after finalizing the script, they’ll announce the rest of the cast. A R Rahman is expected to team up with Mani Ratnam once again.