The Income Tax department's nationwide survey of 62 restaurants across 46 cities revealed suppression of sales worth Rs 408 crore, using AI tools to analyze data from 1.77 lakh F&B establishments.
The Income Tax Department continues its survey for a second day at three Jaipur restaurants and one in Ajmer, investigating suspected tax evasion through income manipulation and suppression.
The Income Tax Department conducted surveys across 45 cities targeting restaurants suspected of manipulating sales records to evade taxes. AI analysis flagged businesses using software manipulation.
Deen Dayal Upadhyay Gorakhpur University organized a two-day national seminar on GST, supported by ICSSR, featuring experts and academicians discussing its economic impact and future directions.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
The IT department investigates agricultural land transactions near Jaipur worth Rs 7,000 crore using satellite imagery to detect tax evasion, issuing summons to 110 individuals.
Income Tax officials conducted pan-India surveys at 70 restaurants across 45 cities, uncovering alleged billing software manipulation to suppress sales worth Rs 700 crore.
The Income Tax Department conducted surveys at two commercial outlets in Ranchi as part of a routine verification exercise to ensure tax compliance.
Learn about the tax implications for Persons of Indian Origin selling inherited property in India, including capital gains tax, TDS, and compliance tips from top lawyers.
The Gujarat High Court has granted a stay on central GST authorities' attempt to impose a health and national security cess on a pan masala manufacturer in Kandla SEZ, citing SEZ Act exemptions.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
CGST officials in Gurgaon have busted a fake GST registration racket where a job portal was used to collect personal documents and create shell firms, leading to fraudulent invoices worth Rs 734.95 crore and an arrest.
Uttar Pradesh's tax department collected Rs 9,731 crore in GST revenue for February 2024, marking a Rs 352 crore increase year-on-year. The surge is attributed to GST 2.0 reforms, AI-driven scrutiny, and anti-evasion measures.
Goa's tax commissioner has mandated physical field verification for businesses whose GST registration welcome letters were returned undelivered, aiming to curb fraudulent input tax credit claims.
The Gujarat Chamber of Commerce and Industry has raised concerns about the Finance Bill 2026, warning that taxpayers could face uncertainty without a mandatory 30-day response window for reassessment notices.
India's GST revenue grew 8.1% to Rs 1,83,609 crore in February, marking the third consecutive month of acceleration. Domestic collections rose 5.3%, while import mop-up surged 17.2%, reflecting strong consumption and economic resilience.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
India's GST collections reached Rs 1.83 lakh crore in February, marking an 8.3% year-on-year increase, driven by resilient economic activity and improved compliance.
India's GST collections for February 2024 reached ₹1,83,406 crore, marking an 8.1% year-on-year growth, driven by strong domestic transactions and improved compliance.
The Directorate General of GST Intelligence arrested Fino Payments Bank CEO Rishi Gupta in Hyderabad for alleged non-compliance in a Rs 13,000 crore online gaming syndicate investigation.
Uttar Pradesh Police has dismantled a criminal gang involved in creating counterfeit GST bills to defraud the state government, leading to the arrest of four individuals in a major crackdown.
GST Intelligence officials have exposed a major fake invoice fraud worth Rs 593 crore in Belagavi, following raids on Star Tax Consultant in Bengaluru. The investigation began with a suspicious GST registration.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
DGGI Ahmedabad arrests two from Rajkot for masterminding a fake billing racket involving fraudulent ITC of Rs 102.25 crore, with 23 dummy firms and invoices worth Rs 545 crore uncovered.
DGGI officers in Belagavi uncovered a massive fake Input Tax Credit racket involving fraudulent invoices worth Rs 593 crore. The mastermind, a GST practitioner, was arrested for orchestrating the scheme through shell entities.
A decade-long CAG study shows state tax revenue growth accelerated to 11.7% post-GST implementation, with Gujarat leading and Arunachal Pradesh achieving record SGST growth despite pandemic challenges.
The Supreme Court has ruled that Rooh Afza qualifies for a concessional GST rate of 4%, resolving a long-standing tax dispute over its classification as a syrup or beverage.
The Income Tax Department conducted search operations on two real estate groups in Gujarat, raiding 20 premises in Surat, Navsari and Dholera to investigate unaccounted income and undisclosed transactions.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
The Income Tax Department has introduced new ITR forms for FY 2024-25, mandating disclosure of tenant-landlord relationships to claim HRA tax deductions, aiming to enhance transparency.
Income Tax Department uncovers alleged Rs 600 crore suppression scheme by Hyderabad's top biryani chains using billing software to delete cash transactions. Investigation spans 30 locations, digital forensics lab analysis.
The Income Tax Department concluded a multi-day operation against business groups linked to Kanha Restaurant in Jaipur, seizing unaccounted assets worth Rs 7.75 crore from 37 locations across Rajasthan and Mumbai.
The Income Tax Department's draft rules for 2026 propose doubling the PAN quoting threshold for property transactions to Rs 20 lakh and expanding compliance to gifts and joint development agreements.
The Income Tax Act 2025's Section 247, effective April 2026, faces scrutiny over digital access powers. Government clarifies no AI mention, aligning with 1961 law, but experts debate procedural updates.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Income Tax Department's multi-day search operation against Kanha Restaurant group enters fourth day with seizure of gold worth Rs 7.5 crore and Rs 25 lakh cash. Raids conducted at 33 locations across Jaipur, Mumbai and other cities.
