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Income Tax Department Uncovers Restaurant Billing Evasion
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The Income Tax Department’s Hyderabad unit, escalated to the CBDT, says a routine 2019–20–2024 probe uncovered a purported ₹70,000 crore tax-evasion racket tied to a popular restaurant billing software. Investigators analysed about 60 terabytes of data from roughly 1.77 lakh outlets, alleging deleted bills worth ₹13,000 crore within ₹2.43 lakh crore recorded turnover, prompting nationwide recovery and prosecution actions.
