The Income Tax Department has launched search operations at multiple locations in Mumbai linked to actress Rakul Preet Singh, filmmaker Vashu Bhagnani and Panorama Studios. The searches, reportedly being conducted at around 12 premises, are part of an investigation into suspected financial irregularities connected to the film industry.

According to reports, the Income Tax Department has been examining information about large sums of money allegedly being sent overseas in connection with film shooting, production and international distribution. Investigators are reportedly looking into whether such transactions were routed abroad under the guise of film-related expenses and whether there were tax irregularities involved.

Rakul Preet Singh’s name has surfaced in the operation along with her father-in-law Vashu Bhagnani, who is associated with Pooja Entertainment, and Panorama Studios. Rakul is married to actor-producer Jackky Bhagnani. The searches are reportedly still underway, and the Income Tax Department has not publicly disclosed the specific transactions or findings that prompted the action.

At this stage, the searches themselves do not establish any wrongdoing by Rakul Preet Singh or the other individuals and entities involved. Further details are expected once the department completes its investigation and examines the financial records collected during the searches.

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