Hyderabad: Income tax sleuths carry out searches on at least 40 locations countrywide, against Hyderabad -based Kolors Healthcare India Pvt Limited, a company owned by Tollywood veteran actress Rassi’ relative.
Searches are currently underway at 25 locations across Telangana and Andhra Pradesh,  besides actress Raasi’s residence. 

The company owned by Vijay Krishna Devula is into fitness, beauty, weight loss and more. The director owns a chain of clinics across India. During the launch, Tollywood veteran actresses Raasi and Rambha had endorsed the efficacy of slimming techniques of this clinic.

Acting on an intelligence input of tax-evasion, multiple teams from the anti-tax evasion department carried out searches at the residence and properties of Vijay Krishna Devula and another person by name Nagachandra Venkat Rayudu Gollapalli. The sleuths received a tip-off that the clinic has been charging high from their clients; however, evading tax.

As on October 30th 2.00 PM, no cash was seized; however, the sleuths have confiscated a number of receipts at the clinic. A probe into tax evasion has been initiated.

Vijay Krishna Devula, who owns the venture, is also associated with Kolors food sciences LLP, Kolors Healthcare franchise services LLP, Kolors beauty and wellness academy, advanced dentistry, healthcare and more.

The kolors health care company was incorporated in 2010 and is located in Hyderabad with its head office in Karkhana.


In this year, the company ran into trouble as Vijayawada Consumer Forum slapped them a fine of Rs 2 lakh. They were acting a complaint filed by a consumer who alleged them of cheating. The consumer had paid a huge sum for weight loss; however, with four months of treatment, there was no result, the complaint said.

As Kolors Healthcare India Pvt Limited failed to explain, the Consumer forum imposed a fine.



Coreena Suares

Coreena Enet Suares is the Editor of NewsMeter. Her stories have been published in the Deccan Chronicle Newspaper and the Asian Age. Coreena began her career as a News Anchor. Throughout her journey, she has been able to build a strong network with people from all walks of life. She is an alumnus of Edward R. Murrow Program for Journalists- Research and Investigation, a flagship initiative of the International Visitor Leadership Program (IVLP)

Coreena is also a certified fact-checker by Google India Initiative. She has attended the 'Defence Correspondents Course 2019, through which she visited Indo- Pak border, besides traveling on a War-ship and insight into operations of Fighter aircraft. Coreena's focus areas are anti-crime investigation agencies and Defence reporting.

One comment on "IT searches at Tollywood actress Raasi’s residence & Kolors healthcare properties"

Leave a Reply

Your email address will not be published. Required fields are marked *