Tax Search Denial
Actor Rakul Preet Singh Denies Any Connection to Mumbai Tax Department Searches
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Key Points
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Singh said she came from an Armed Forces family and entered the film industry without a “Godfather,” describing her career as built through hard work.
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After reports of the searches emerged, producer Vashu Bhagnani, who was in London, was admitted to a hospital; the report said no further details about his health had been disclosed.
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The searches were reported to cover 12 locations and involve people and entities linked to both Vashu Bhagnani and Panorama Studios.
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The report noted that Pooja Entertainment had faced public scrutiny in 2024 over alleged unpaid dues to cast and crew on Bade Miyan Chote Miyan, which suffered heavy box-office losses. Rumours that the Bhagnanis sold their Juhu office amid ₹250 crore in debt were denied by Vashu Bhagnani, who said the space was being renovated.
Actress Rakul Preet Singh denied any link to reported Income Tax Department searches across 12 Mumbai locations, saying ANI the raids were not connected to her. Singh rejected claims of illegal foreign remittances and benami property holdings, saying she has paid taxes since age 20 and built her career through hard work without industry connections.
The searches reportedly targeted entities linked to film producer Vashu Bhagnani and others over suspected financial irregularities involving overseas film funds. DNA India reported that Bhagnani, who was in London when news of the searches broke, was admitted to a hospital with no further health details disclosed.
Singh Breaks Silence on Denial of Involvement
Singh posted an Instagram statement rejecting reports linking her to the tax searches. Times of India reported she denied holding benami property and disputed claims she received property as a gift. She emphasized her Armed Forces family background and said she entered filmmaking without a "Godfather," describing her success as self-built.
Singh urged media outlets that published what she called false and speculative reports to correct or retract them. Glamsham reported she appealed for verification of facts before publication, pushing back against coverage she labeled malicious.
Vashu Bhagnani's Health and Financial Strain
DNA India noted Vashu Bhagnani was hospitalized after the searches became public, though no health details were disclosed. The timing raised questions as his production company Pooja Entertainment faced mounting scrutiny in 2024 over unpaid dues to cast and crew on the film Bade Miyan Chote Miyan, which suffered heavy box-office losses.
Rumors circulated that Bhagnani sold the company's Juhu office amid ₹250 crore in reported debt. Bhagnani denied the sale claim, stating the office space was undergoing renovation rather than being sold.
Scope of Tax Investigation Into Film Industry
Hungama Express reported the Income Tax searches spanned 12 locations and involved people and entities connected to both Vashu Bhagnani and Panorama Studios. The probe centered on suspected financial irregularities tied to overseas film funds and locations, signaling broader scrutiny of the film industry's financial practices.
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