Shilpa Shetty's Bungalow: IT Raid Denied Amidst ₹60 Cr Scam Allegations
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Moneycontrol19-12-2025, 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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