How AI uncovered Rs 70,000 crore tax evasion scam starting with Hyderabad biryani chains
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
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
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