This is how Bengaluru hotel tried to adjust its black money
The big move of demonetisation have hit businessman, entrepreneurs and people alike. This hotel in Bengaluru tried a clever trick to turn their black money into white but...
The fudged bill.
The big move of demonetisation have hit businessman, entrepreneurs and people alike. Post demonetisation, many are trying to find clever solutions to save themselves from the big penalty.
This hotel in Bengaluru tried to hoodwink the system but it was caught red-handed by one of it's observant customer. The hotel Adigas issued backdated invoices to convert their black money into white money.
A Bengaluru resident named Midhun Noble busted Adigas, on social media after he was allegedly issued a backdated bill. The hotel staff insisted he pay in cash as they were not accepting cards.
"Yesterday I went to Adigas hotel in church street to order food for my office. To my surprise they refused to accept cards and insisted on paying by cash. After receiving the bill and checking the date on the bill it is given as 01/09/2016. What an intelligent way to adjust your books and convert black money to white by pushing up the sales in previous months and remitting the amount as sales done in previous months."
"Most of us don't even read our bills, so next time please ensure you spend a 20 seconds on the bill details and insist on bills after every purchase. It's a shame such iconic names like Adigas is doing this. Let's contribute to our PM's efforts."
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