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Income Tax Department finds Rs 408 crore sales suppression in nationwide F&B sector verification exercise
The Business Guardian
|March 11, 2026
The Income Tax Department's nationwide verification exercise on restaurants regarding turnovers has revealed a suppression of sales amounting to approximately Rs 408 crore.
According to a Ministry of Finance press statement, the investigation targeted tax evasion patterns within the Food & Beverage (F&B) sector following preliminary data analysis initiated in November 2025. "On 8 March 2026, a nationwide survey was conducted on 62 restaurants across 46 cities in 22 States. On a preliminary basis, the exercise revealed suppression of sales amounting to around Rs. 408 crore. Investigations in this regard are underway," the Ministry said. The Ministry highlighted the use of AI-enabled analytical tools to perform advanced analytics on transactional data from about 1.77 lakh restaurants, comparing actual transactional data with the turnover declared in Income Tax Returns.
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