The Income Tax sleuths have raided the house of actress Raasi and the branches of Kolors Healthcare India Private Limited suspecting them of evading tax. The officials have carried out raids across 48 locations in the country including Telangana and Andhra Pradesh.
Kolors Healthcare is into health, beauty, weight loss and fitness among several others. The company is owned by Vijay Krishna Devula and his partner G Nagachandra Venkata Rayudu. Reportedly, Vijay Krishna Devula is a relative of Raasi. So far, the officials seized several documents and receipts as evidence. No cash was seized in the raid. Officials reportedly said that they can confirm about tax evasion only after scrutinising the seized documents.
Kolors, which claims to be a health service provider, has branches across Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, Maharashtra and Madhya Pradesh. The head office of Kolors is located in Karkhana, Secunderabad. In Telangana itself, the health care centre has 10 branches, including six in Hyderabad. Film actors like Rambha, Madhubala, Charmee amongst many have promoted Kolors. Kolors was established in 2004, as per their website.
