Archive · 28 Sep 2026
Income Tax Searches 12 Mumbai Locations Linked to Bollywood Figures
India’s Income Tax Department searched 12 places in Mumbai.
The places are connected to actor Rakul Preet Singh, producer Vashu Bhagnani and Panorama Studios.
Officials are checking money and documents linked to film projects.
They want to know whether there were problems with film financing.
They are also examining whether money was sent overseas while being described as film financing.
The department has not announced final findings.
The searches do not prove that anyone committed a crime.
The action is separate from a 2025 drug case involving Rakul’s brother, Aman Preet Singh.
The Mumbai Income Tax Department searched 12 locations linked to Rakul Preet Singh, Vashu Bhagnani and Panorama Studios.
Officials are examining suspected irregularities in film financing and related financial transactions.
Investigators are reportedly scrutinising whether funds were routed overseas under the guise of financing film projects.
Teams are reviewing documents, financial records and details of alleged overseas transactions.
The searches are separate from a December 2025 Hyderabad drug case involving Rakul Preet Singh’s brother, Aman Preet Singh.
- Who
- The Mumbai Income Tax Department, Rakul Preet Singh, Vashu Bhagnani, Panorama Studios and others linked to the searched premises.
- What
- Searches were conducted over suspected financial irregularities and possible overseas movement of film-financing funds.
- When
- The searches began on a Monday, according to one report; the separate drug operation occurred on December 19, 2025.
- Where
- At 12 locations in Mumbai; the separate drug operation took place in Hyderabad.
- Why
- Officials are examining financial records and transactions connected to film production and alleged overseas film-financing transfers.
Investigative Concerns
No Established Wrongdoing
Purpose of the searches
Investigative Concerns
Officials are examining suspected fund irregularities and possible overseas routing of money connected to film projects.
No Established Wrongdoing
The searches are an ongoing investigation and do not by themselves establish tax evasion or another financial offence.
Status of evidence
Investigative Concerns
Income Tax teams are reviewing documents, financial records and transaction details to determine the movement and nature of the funds.
No Established Wrongdoing
The department has not publicly announced final findings, and further details about the transactions remain undisclosed.
- Investigating agency
- Mumbai Income Tax Department
- Search locations
- 12 in Mumbai
- Main focus
- Suspected irregularities in film financing and related transactions
- Overseas transactions
- Investigators are reportedly examining whether funds were routed abroad under the guise of film financing
- Records reviewed
- Documents, financial records and transaction details
- Official findings
- No final findings or official confirmation of tax evasion have been announced
- Separate drug case
- Police in Hyderabad reportedly seized 43 grams of cocaine and 11.5 grams of MDMA on December 19, 2025
