13-October-2026
Taxation
 
I-T department estimates 25,000 cr tax evasion by restaurants
12-Oct-2026

The income tax department has detected massive evasion by restaurants, which may be of the order of over Rs 25,000 crore. Just based on data from Swiggy and Zomato, the evasion is pegged at Rs 7,500 crore as 8,000 restaurants have got TDS mentioned against them but have not bothered to file returns. The data is based on an analysis of data for four years from 2021-22 to 2024-25. Data for the last financial year is not yet available.

News Source:- https://timesofindia.indiatimes.com/business/india-business/i-t-department-estimates-25k-cr-tax-evasion-by-restaurants/articleshow/134878708.cms
 
 
 

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