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The Income Tax departments Investigation Wing from Mumbai on Wednesday conducted searches on some prominent Bollywood producers. According to sources from the agency, the searches were carried out on production company Pen studios promoters Jayantilal Gadas offices and residence. Another producer whose office and residence was searched was Vinod Bhanushali. Bhanushali was earlier associated with one of the top music and production companies in the country. He launched his own production house
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FAQ :
The Income Tax department searched the offices and residences of prominent Bollywood producers Jayantilal Gada of Pen Studios and Vinod Bhanushali.
The searches were conducted on suspicion of tax evasion.
The searches were conducted on Wednesday, starting early in the morning and continuing until late evening.
Pen Studios, associated with Jayantilal Gada, has been involved in the production or presentation of major films like RRR and Gangubai Kathiawadi, and holds rights to mythological series.
Vinod Bhanushali has produced films such as Janhit Mein Jaari and Atal under his banner, Bhanushali Films.
Sources indicate that some more production houses are currently under the scanner of the Income Tax agency.
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