Bollywood IT Raid: Mumbai Income Tax Department teams have taken this action on charges of tax evasion and sending money abroad in the name of films.
Bollywood IT Raid: Entertainment Desk. Once again there has been a stir in the Bollywood industry due to the major action of the Income Tax Department. Mumbai teams have simultaneously started a search operation on many famous personalities and production houses on charges of tax evasion and sending money abroad in the name of films.
These stars are in trouble
According to the information, about 12 locations related to actress Rakulpreet Singh, film producer Vasu Bhagnani and Panorama Studios are being raided. Searches are going on in many offices and premises in Mumbai.
The investigation was going on for a long time
According to sources, the department was already receiving inputs that huge amounts of money were being sent abroad in the name of shooting, overseas distribution and production of films. Investigating agencies suspect tax evasion and financial irregularities. Different teams are active in this regard.
This name is on the income tax radar
Rakulpreet Singh is a popular actress of Bollywood and South Cinema. Vasu Bhagnani has made many big films under the banner of Pooja Entertainment. Panorama Studios is known for hit films like ‘Drishyam’ franchise. Currently the search operation is going on. It is believed that after the completion of the investigation, the department can make major revelations related to financial misappropriation.
Rakulpreet’s career
Rakulpreet started her career in South films in 2009. Later she came to Bollywood and worked in films like ‘De De Pyar De’, ‘Doctor Ji’. Soon she will also be seen in ‘Ramayana’.