
Tax & Penalty28 Sept 2026, 06:00 pm
Panorama Studios International Ltd Premises Searched by Income Tax Dept
AI Summary
Panorama Studios International Ltd has announced that a team from the Investigation Wing of the Income Tax Department is currently present at its premises. The company stated that it is unable to confirm the subject matter or status of the investigation due to restrictions on external communication during the visit. Directors and senior management are cooperating with the officials. Panorama Studios will provide a detailed clarification once the proceedings are completed or further information becomes available. This development could potentially impact the company's operations and investor sentiment.
Key Highlights
- Income Tax Department's Investigation Wing is visiting company premises.
- Subject and status of the investigation are currently unconfirmed.
- Company is cooperating with the authorities.
- Further details will be provided upon completion of proceedings.
Price Impact
More from PANORAMA