Mega Income Tax Raids Target Hyderabad’s Top Eateries: Huge Cash, Gold Seized
Hyderabad, November 20: Income Tax officials conducted extensive raids for the second consecutive day on popular restaurant chains Pista House, Shah Ghouse, and Mehfil. The coordinated operation focused on suspected large-scale tax evasion and undisclosed income across Greater Hyderabad.
According to sources, Officials seized a significant amount of cash money. They also recovered a substantial amount of gold. Multiple teams from the Income Tax department led the searches.
The investigation has spanned over 30 locations since the operations began. Key areas targeted include Lakdikapul, Sheikhpet, Attapur, Tolichowki, and Gachibowli. Authorities specifically searched the residences of owners and directors. This includes Mohammad Abdul Majeed and Mohammad Mastan, owners of Pista House...