Hyd Biryani Audit Flags 70K Cr Billing Software Tax Evasion
A Hyderabad biryani audit uncovers suspected ₹70,000 crore tax evasion since FY20, with officials analysing 60 TB of billing data across 1.5 lakh outlets.
Tag: Tax Evasion
Seven Arrested in Kanpur for Rs 7 Crore GST Fraud Using Fake Invoices
Kanpur police arrested seven people, including a chartered accountant, for a Rs 7 crore GST fraud involving fake firms, invoices, and illegal ITC claims.
Indore I-T Searches: Tax Evasion by Real Estate, Toll and Construction Firms
Income Tax Department conducts large-scale searches across Indore at real estate, toll and construction firms over suspected tax evasion.
Rs 100 Crore GST Scam: UP STF Arrests Four; Central GST Officer Absconding
A ₹100 crore GST fraud case has led to four arrests in UP, while a Central GST officer named in the probe is absconding.
Fake Firms Racket: Two Delhi Men Held for Rs 25 Cr GST Evasion
Two men from Delhi were arrested by the Mainpuri Police for allegedly evading ₹25 crore in GST by floating fake firms and generating bogus invoices and e-way bills.
Govt Employees Now Filing Revised ITRs: Major Recovery Against Bogus Deductions
Over 40K taxpayers, including government employees, have filed revised ITRs after AI checks exposed their bogus deductions. Income Tax Department has recovered over ₹1,045 crore and tightened safeguards for …
DGGI Curbs GST Evasion by Offshore Online Gaming Entities
DGGI is intensifying efforts against offshore online gaming companies evading GST. Learn about recent enforcement actions.
CBIC’s Rewards Scheme for Informers: Customs/GST Evasion
Key aspects of the monetary rewards scheme for informers in customs, GST and other indirect taxes. Learn the reward eligibility, payout structure, sanctioning procedure, confidentiality safeguards.
IT Notices To 8K Donor Taxpayers for Claiming Large Deduction
Income Tax Department has issued notices to about 8,000 taxpayers who have claimed deduction for large amounts of donations to charitable trusts. Learn more!