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Income Tax Searches Target Rakul Preet Singh Linked Locations

Income Tax Searches Target Rakul Preet Singh Linked Locations
Bollywood in focus as Income Tax searches 12 Mumbai locations linked to Rakul Preet, Vashu Bhagnani · wionews.com

India’s Income Tax Department searched 12 places connected to actor Rakul Preet Singh and others in the film industry.

The searches are about suspected problems with money used to finance movies.

Investigators think some money may have been sent to other countries while being described as film financing.

Officials are checking documents and financial records.

The locations include places linked to producer Vashu Bhagnani and Panorama Studios.

The report also mentions a separate drug investigation involving Rakul’s brother, Aman Preet Singh.

Police previously arrested two businessmen in that case.

Officials said drugs were seized and Aman was suspected of buying drugs from the two men.

Key facts

Investigating agency
Mumbai Income Tax Department
Search locations
12
Main focus
Suspected fund irregularities and alleged overseas routing of film-financing money
Records examined
Documents, financial records and details of alleged overseas transactions
Other named party
Panorama Studios
Separate drug seizure
43 grams of cocaine and 11.5 grams of MDMA
Drug-case arrests
Two businessmen were arrested on allegations of drug peddling

Sources

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