Rakul Preet, Vashu Bhagnani Under IT Scanner as Officials Raid Multiple Locations over Alleged Tax Evasion
The department is searching 12 premises linked to Bollywood names, including Rakul Preet Singh and Vashu Bhagnani, over alleged overseas fund transfers.
- On Monday, September 28, 2026, the Income Tax Department launched search operations at 12 locations linked to actress Rakul Preet Singh, producer Vashu Bhagnani, and Panorama Studios.
- Allegations that funds were sent overseas under the guise of film projects prompted the ongoing inquiry into financial activities of these industry entities.
- Bhagnani previously initiated a ₹400 crore lawsuit in the Bombay High Court in May 2026, alleging unauthorized use of songs in a Varun Dhawan-starrer film.
- Panorama Studios prepares for the October 2, 2026 release of Drishyam: The Conclusion, adding to a year of significant theatrical activity despite the ongoing inquiry.
- PVR INOX dismissed speculation regarding its relationship with Bhagnani as "Misleading and speculative," reflecting heightened sensitivity to financial and legal rumors in the sector.
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13 Articles
Rakul Preet, Vashu Bhagnani, Panorama Studios under Income Tax lens over film funds
The Income Tax Department has reportedly launched searches at 12 Mumbai locations linked to Rakul Preet Singh, Vashu Bhagnani and Panorama Studios. The action is reportedly tied to suspected financial irregularities involving overseas money linked to film projects, though no findings have been made public yet.
Rakul Preet, Vashu Bhagnani under IT scanner as officials raid multiple locations over alleged tax evasion
The Income Tax Department is conducting searches at multiple locations linked to Rakul Preet Singh, Vashu Bhagnani and Panorama Studios over alleged tax evasion involving funds reportedly sent abroad for film projects.
Income Tax Raids Premises Linked To Rakul Preet Singh, Vashu Bhagnani Over Alleged Foreign Remittances
IT raids have been conducted at premises linked to Rakul Preet Singh, producer Vashu Bhagnani and Panorama Studios over alleged funds sent abroad in connection with film projects.
Several prominent Bollywood celebrities are under the scanner of the Income Tax Department. Suspected of transferring money abroad in the name of films and tax evasion, the Mumbai Income Tax Department has launched a major crackdown, with several celebrities on the radar.
Rakul Preet Singh, Vashu Bhagnani under IT scanner as Income Tax raids multiple locations
Mumbai: Actor Rakul Preet Singh and filmmaker Vashu Bhagnani are reportedly under the Income Tax Department’s scanner as officials conduct searches at multiple locations linked to them. According to reports, the raids are linked to an alleged tax evasion case. Panorama Studios is also reportedly among the entities under scrutiny. Officials are examining financial records […]
The Income Tax Department conducted searches at around 12 locations, including those linked to Rakul Preet Singh, Vashu Bhagnani and Panorama Studios, in connection with alleged remittances abroad in the name of film projects.
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