Hyderabad: Income Tax raids Hyderabad food chains Pista House and Shah Ghouse intensified on Tuesday as IT teams conducted early-morning searches at the homes and offices of owners, directors, and related units. Officers seized cash and key documents while checking books, digital transactions, and past filings.
Teams began operations at dawn, covering nearly 15 locations linked to both food chains. They collected papers needed for further review and examined agreements, statements, and account logs to verify compliance.
Reach of Hyderabad IT raids grows
The reach of Hyderabad IT raids widened as more units joined the checks through the morning. Officials inspected additional branches, storage points, and supporting facilities to compare purchase and sales records. Several boxes of documents and digital devices were taken for detailed examination.
Sources said the Income Tax raids Hyderabad teams are focusing on discrepancies in revenue reporting and cash flow patterns. Officials are expected to share preliminary findings once the initial review of seized material is completed.