Rakul Preet Singh, Vashu Bhagnani and Panorama Studios linked to Income Tax searches at 12 Mumbai locations

The Income Tax Department on Monday carried out search operations at around 12 locations in Mumbai linked to actor Rakul Preet Singh, veteran film producer Vashu Bhagnani, and Panorama Studios. The searches are reportedly connected to an ongoing investigation into film-related financial transactions and alleged overseas fund transfers. Officials are currently examining documents and financial records as part of the probe.

Search Operation Underway Across Mumbai

Multiple Income Tax teams have been deployed to carry out searches at different locations across the city. The investigation is focused on financial dealings connected to film projects, with officials reviewing records, documents, and transaction details during the operation.

According to reports, authorities are looking into claims that money may have been sent abroad under the name of film production and other related expenses. However, no official details about the amount involved or the exact nature of the transactions have been disclosed so far.

Rakul Preet Singh And The Bhagnani Family Come Under Scanner

Actor Rakul Preet Singh is among the names linked to the search operation. She is married to actor-producer Jackky Bhagnani, whose father, Vashu Bhagnani, is one of Bollywood's well-known producers.

The Bhagnani family runs Pooja Entertainment, a production house that has delivered several popular Hindi films over the years. Some of its biggest hits include Coolie No. 1, Hero No. 1, and Biwi No. 1, making it one of the established banners in the film industry.

Panorama Studios Also Part Of The Probe

The investigation also includes premises linked to Panorama Studios, a production and distribution company associated with producer Kumar Mangat Pathak. The company is known for successful films such as Raid and the Drishyam franchise.

Officials are reportedly examining financial transactions connected to film projects handled by the company as part of the ongoing inquiry.

No Official Findings Yet

The search operation is still in progress, and the Income Tax Department has not announced any final findings. Authorities continue to examine financial records and documents, while further details about the investigation are expected to emerge as the probe moves forward.