Vashu Bhagnani Hospitalized in London Amid Tax Inquiry

Film producer Vashu Bhagnani has been hospitalized in London, according to reports citing the news agency ANI, while India’s Income Tax Department is investigating suspected financial irregularities involving film-related funds. The reason for Bhagnani’s hospitalization and his condition have not been disclosed. ANI-referenced accounts say he asked to be left alone when contacted. The hospitalization was reported shortly after the department conducted searches at 12 locations in Mumbai on September 28. The premises were described as linked to Bhagnani, actor Rakul Preet Singh and Panorama Studios. The searches were reported as part of an inquiry into suspected irregularities in film financing and possible overseas routing of funds connected to film production. The precise transactions and amounts under examination have not been made public. The reports do not establish that a tax violation occurred, and the department has not disclosed findings from the searches. The inquiry’s status and any conclusions remain unclear based on the information available.