₹70,000 Cr Tax Scam Busted in Hyderabad Noida
- Location: Noida, Uttar Pradesh, India
The Income Tax Department has exposed a major tax evasion racket involving restaurants that allegedly concealed ₹70,000 crore in sales over six years. Officials used advanced AI and data forensics to analyze massive billing records, uncovering deleted cash entries and underreported income. The investigation began in Hyderabad and has now widened across multiple states. Authorities say strict legal action will follow against establishments found manipulating software systems to evade taxes.
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