March 18, 2026
Submitted By: Saurabh Kesarwani
Press-Release-ITD-on-Restaurants-suppressing-turnover-dated-09-03-2026
This press release issued by the Income Tax Department highlights enforcement actions taken against restaurants found suppressing turnover and underreporting income. It outlines the findings of tax investigations, use of data analytics and surveys, detection of tax evasion practices, and reiterates the Department’s warning to businesses to ensure accurate reporting and compliance with income tax laws.
Download Downloaded : 0 times- Insolvency professional to use Registration Number and Registered Address in all his communications.
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