Income Tax Officials Search Bollywood Locations: Rakul Preet Singh, Vashu Bhagnani & Panorama Studios

The Income Tax Department has carried out search operations at several locations linked to Bollywood actor Rakul Preet Singh, film producer Vashu Bhagnani and Panorama Studios in Mumbai.

The searches began on September 28, 2026, and are reportedly connected to an ongoing investigation into suspected financial irregularities involving film-related transactions.

According to reports, Income Tax teams searched around 12 locations in Mumbai.

Officials are examining financial documents; transaction records and details of money allegedly moved outside India in connection with film projects.

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However, the department has not publicly announced any final findings or confirmed that tax violations have been established.

Income Tax Officials Search Bollywood Locations | Key Film Figures and Production Houses Come Under Scanner

The latest action has brought attention to several well-known names from the Hindi film industry.

The locations reportedly linked to the searches include premises connected with Rakul Preet Singh, producer Vashu Bhagnani and Panorama Studios.

Reports suggest that Income Tax officials are checking financial records linked to film production, overseas transactions and other activities connected with the entertainment business.

The investigation is still underway, and more information is expected as officials examine the documents collected during the searches.

The exact amount of money involved and the specific transactions being investigated have not been officially disclosed.

Rakul Preet Singh Income Tax Raid

Actor Rakul Preet Singh has also been linked to the Income Tax search operation. Multiple reports said that premises associated with the actor were among the locations searched by officials.

Rakul is married to actor-producer Jackky Bhagnani, who is the son of Vashu Bhagnani.

The Bhagnani family has been associated with Pooja Entertainment, while Rakul has worked in Hindi and South Indian films.

At present, there is no public confirmation from the Income Tax Department that Rakul Preet Singh herself has been accused of tax evasion or any other financial offence.

Reports have only stated that locations linked to her were searched as part of the wider investigation.

Vashu Bhagnani Income Tax Raid

Veteran producer Vashu Bhagnani is another major name connected to the investigation.

His business and film-related premises were reportedly searched by Income Tax officials.

Bhagnani is known for producing several Hindi films and has been associated with Pooja Entertainment.

Reports say officials are examining financial records related to film production and overseas transactions.

The investigation comes at a time when Bhagnani's production house has faced financial pressure around some recent projects.

However, the Income Tax searches and those business-related issues should not be treated as proof of any wrongdoing. The department's investigation is still continuing.

Panorama Studios Income Tax Raid

Panorama Studios, led by filmmaker-producer Kumar Mangat Pathak, is also reportedly under the Income Tax Department's scanner.

The production and distribution company has been associated with films including the Raid and Drishyam franchises.

Officials reportedly searched locations connected to the company while examining financial records and overseas transactions.

The reports do not indicate that Panorama Studios has been found guilty of any tax offence.

The search is part of an investigation, and the final outcome will depend on what officials find in the financial records.

Film Financing Investigation

At the centre of the case is a broader film financing investigation.

According to reports, Income Tax officials are looking into whether money was transferred overseas in connection with film production, shooting expenses or international distribution.

Film projects can involve large amounts of money and transactions across different countries.

Such transactions may include payments for overseas shoots, production services, distribution and other business expenses.

Officials are reportedly checking whether the financial records match the transactions and expenses declared by the concerned individuals or companies.

Income Tax Searches 12 Mumbai Locations

The Income Tax Department reportedly searched 12 Mumbai locations linked to the individuals and companies under investigation.

Multiple teams were involved in the operation. Officials are said to be checking documents, financial records and details of alleged overseas transactions.

Reports have also indicated that the investigation may involve suspected tax irregularities and questions about foreign remittances.

However, it is important to note that an Income Tax search does not by itself mean that a person or company has committed a financial offence.

Such searches are conducted to collect and verify information during an investigation.

Suspected Fund Irregularities

The reported suspected fund irregularities are linked mainly to film-related transactions and the alleged movement of money overseas.

Authorities are reportedly trying to understand the nature of these transactions and whether they were properly recorded and reported.

So far, details about the exact amount involved, the specific transactions and any potential tax liability have not been made public.

The investigation remains active, and any further action will depend on the findings of the Income Tax Department.

Meanwhile, reports on September 29 said Vashu Bhagnani had been hospitalised in London.

The reason for his hospitalization has not been publicly established, and there is no confirmed information that directly connects his medical situation to the Income Tax investigation.

For now, the Income Tax Department's investigation continues.

Until officials release their findings, the reported financial irregularities should be treated as allegations under investigation rather than established wrongdoing.

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