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The Income Tax Department has carried out a nationwide verification exercise targeting tax evasion in the food and beverage sector, uncovering significant suppression of restaurant sales. Using AI-enabled analytics to examine transaction data from nearly 1.77 lakh restaurants, the department detecte
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FAQ :
The survey revealed a preliminary suppression of sales amounting to around Rs 408 crore in the food and beverage sector.
A nationwide survey was conducted on 62 restaurants across 46 cities in 22 states.
The department used AI-enabled analytical tools to examine transaction data from approximately 1.77 lakh restaurants and compared it with declared turnover in their tax returns.
It is a campaign launched by the Income Tax Department to encourage voluntary correction of tax filings and guide taxpayers to correct their mistakes.
In the first phase, emails and messages will be sent to approximately 63,000 restaurants.
Restaurants are requested to update their returns before 31 March 2026, using the updated return facility.
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