The Income Tax Department is conducting searches at 12 locations in Mumbai connected to actor Rakul Preet Singh, producer Vashu Bhagnani and Panorama Studios. Officials say the probe is linked to suspected film-financing irregularities and alleged routing of overseas funds. The searches are ongoing, and teams are checking material related to the case.
Both outlets report that the investigation focuses on financial transactions tied to film activity, including documents and transaction records. The Times of India adds that this action comes after a separate line of investigation involving Rakul Preet’s brother, Aman Preet Singh, who is referenced in drug-related allegations. NDTV does not mention that separate case, and instead emphasizes that the income-tax probe is underway and remains in progress.