Shilpa Shetty's Bungalow: IT Raid Denied Amidst ₹60 Cr Scam Allegations

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Moneycontrol•19-12-2025, 13:36
Shilpa Shetty's Bungalow: IT Raid Denied Amidst ₹60 Cr Scam Allegations
- •Reports emerged of an Income Tax raid on Shilpa Shetty's Juhu bungalow on Thursday.
- •The alleged raid is linked to a ₹60 crore financial scam involving the Bengaluru restaurant 'Bastian Garden City', where Shilpa holds a 50% stake.
- •The IT department suspects irregularities in investments, income sources, and tax payments related to the hospitality chain.
- •Shilpa's lawyer, Prashant Patil, vehemently denied it was a raid, stating it was a "routine verification" of documents.
- •Patil warned of legal action against those spreading false news, emphasizing that routine procedures are being misrepresented.
Why It Matters: Shilpa Shetty's lawyer refutes IT raid claims, clarifies it was a routine document verification.
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