Ryzen_renoir Posted July 9, 2021 Report Posted July 9, 2021 15 minutes ago, RollNo12 said: Mostly converting black to white 2 Quote
jefferson1 Posted July 9, 2021 Report Posted July 9, 2021 17 minutes ago, Ryzen_renoir said: Mostly converting black to white Adi ela chestharu? Quote
Popular Post Ryzen_renoir Posted July 9, 2021 Popular Post Report Posted July 9, 2021 42 minutes ago, jefferson1 said: Adi ela chestharu? He's claiming 52 crores budget , he collected 5-6 crores in real but in company records he will show 50-60 crores in collections. So he just made 45 crores unaccounted money into white. Not too surprising the whole film industry in india is built on that model anyway, at one point 70% of Tamil films were financed by DMK 4 Quote
Battu123 Posted July 9, 2021 Report Posted July 9, 2021 1 hour ago, RollNo12 said: Movie lo edo scene la 50crs money scam vuntundanta avi kalipi mosam chesadu manchu anna 2 Quote
Bondu_Babu Posted July 9, 2021 Report Posted July 9, 2021 Kajal kanna Manchu akka ni Petti vunte cinema super vundedi 1 hour ago, RollNo12 said: +1 worst acting 1 Quote
jamesbond Posted July 9, 2021 Report Posted July 9, 2021 51 minutes ago, Ryzen_renoir said: He's claiming 52 crores budget , he collected 5-6 crores in real but in company records he will show 50-60 crores in collections. So he just made 45 crores unaccounted money into white. Not too surprising the whole film industry in india is built on that model anyway, at one point 70% of Tamil films were financed by DMK Tax kattali ga appudu? What is the benefit Quote
lifesucksbad Posted July 9, 2021 Report Posted July 9, 2021 17 minutes ago, jamesbond said: Tax kattali ga appudu? What is the benefit haha black money bindaas gaa he cant use...ila white cheste happy gaa he can use...tax dhi emundhi .... Quote
jamesbond Posted July 9, 2021 Report Posted July 9, 2021 8 minutes ago, lifesucksbad said: haha black money bindaas gaa he cant use...ila white cheste happy gaa he can use...tax dhi emundhi .... i meant if the idea was to convert black to white through this process, vaadu tax kattali ga lets says aa money education institutions dwara ochindi anukundaam.. he could have paid tax there itself.. Tax avoid cheyatanike ga Black unchedi.. Quote
Ryzen_renoir Posted July 9, 2021 Report Posted July 9, 2021 24 minutes ago, jamesbond said: Tax kattali ga appudu? What is the benefit The corporate tax on profit of the film is less than what he gains by converting black to white . The black money these guys convert is usually from politicians or illegal business which is usually criminal money made legitimate 1 Quote
papacha Posted July 9, 2021 Report Posted July 9, 2021 So generally when they sell engineering seats in management kota they tend to take more than what is prescribed so rest becomes black and now when he says that he got 50 crores and in reality he might have got some where around 5 to 10 crores so rest 40 crores got converted to white and he can show some losses in other business or in this business itself and evade taxes. Quote
doublebose Posted July 9, 2021 Report Posted July 9, 2021 Tax enduku kadatadu bro...its run on company lets 50Cr annadu...vadu okay 40 shell companies resource vadutunaa anni etc....Lights ki 2cr actual ga ichaedu 20Lacs, receipts matramu 2 cr, vadu evadu janalki ichani bunk....iala spent antadu returns emo 52 cr ani okay 2 cr ki tax pay chestadu...actual ga vediki 4cr kuda radu...and actual spending is like 5-10cr.... pure white like cocaine adiiii inka.... My friend edo event church ki chesthe cost 2Lac, Paster 27Lac invoice ivamandu....2lac pay chesadu....so vadu jebulo 25Lac edo car konnadu ila untayyi india lo....Brazil Boleto style vasthe kani ee shell companies povu india lo 1 Quote
ysshakeela Posted July 9, 2021 Report Posted July 9, 2021 1 hour ago, jamesbond said: Tax kattali ga appudu? What is the benefit Once its brought into white (domain), you have N number of ways to get tax reliefs via their education Orgs, Charities, investments into hedge funds, tax-free investments from Govt bonds.. abbo aa kathalu chaalaa vunnaayi le bhayya. Quote
snoww Posted July 9, 2021 Report Posted July 9, 2021 3 hours ago, Ryzen_renoir said: He's claiming 52 crores budget , he collected 5-6 crores in real but in company records he will show 50-60 crores in collections. So he just made 45 crores unaccounted money into white. Not too surprising the whole film industry in india is built on that model anyway, at one point 70% of Tamil films were financed by DMK Some plan for other point too. They claim movie was made with 50 crore budget. But only collected 5 crores. So 45 crore loss will be deducted from other income they made on other busineeses. In this way they won't pay taxes on 45 crore s profit they made on other businesses. 1 Quote
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