
Tax & Penalty6 Oct 2026, 04:01 pm
Panorama Studios: Income Tax Dept Search Concludes at Premises
AI Summary
Panorama Studios International Ltd has announced the conclusion of a search operation conducted by the Investigation Wing of the Income Tax Department. The search, initiated under section 247 of the Income-tax Act, 2025, took place at the company's registered office and the premises of certain promoters and key management personnel from September 28, 2026, to October 3, 2026. The company stated it fully cooperated with the officials. As of now, no communication regarding the outcome has been received, and the potential impact on financial or operational activities cannot be assessed. Business operations continue as normal.
Key Highlights
- Income Tax Department search at company and promoter premises concluded.
- Company fully cooperated and provided requested information.
- Outcome and financial impact are currently unknown.
- Business operations continue as normal.
Price Impact
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