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Rs 70k crore tax evasion probe: Madurai to Shimla — raids at over 70 restaurants over ‘vanishing bill’
The Income Tax investigation wing has launched a pan-India survey of approximately 70 restaurants suspected of sales suppression totaling Rs 700 crore. This action follows a Rs 70,000 crore probe into billing software manipulation used to evade taxes. Investigations revealed methods like deleting cash transactions and under-declaring revenue.
9 Mar, 01:53 — 9 Mar, 01:53
