Income Tax Raids on ‘Ramayana’ Producer’s Offices

The Income Tax Department has conducted search operations at multiple Mumbai premises linked to Prime Focus Limited, headed by ‘Ramayana’ producer Namit Malhotra. The searches reportedly covered the company’s offices and studio, along with premises linked to Malhotra and his chartered accountant. Financial documents and records are being examined as part of the ongoing investigation.

According to reports, the searches are linked to suspected foreign remittance and overseas fund transactions. However, the Income Tax Department has not officially disclosed the specific transactions under scrutiny or the broader scope of the investigation. No conclusion regarding any financial irregularity has been established so far.