An Income Tax investigation into Hyderabad biryani chains uncovered a massive tax evasion scam across India’s food and beverage industry. Analyzing 60 terabytes of data from a pan-India billing software, officials revealed suppressed sales turnover of at least Rs 70,000 crore since 2019-20. The probe identified deletion and under-reporting of cash transactions as key evasion tactics.<\/p>","protected":false},"excerpt":{"rendered":"
An Income Tax investigation into Hyderabad biryani chains uncovered a massive tax evasion scam across India’s food and beverage industry. Analyzing 60 terabytes of data from a pan-India billing software, officials revealed suppressed sales turnover of at least Rs 70,000 crore since 2019-20. The probe identified deletion and under-reporting of cash transactions as key evasion… Read More »How AI uncovered Rs 70,000 crore tax evasion scam starting with Hyderabad biryani chains<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":92629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/92628"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=92628"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/92628\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/92629"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=92628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=92628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=92628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}