Tax dept to share ITR data with GSTN to detect tax evasion by business persons

Soon, the income tax department will be sharing the tax return data of business persons with the Goods and Services Tax Network (GSTN) officer. The move is aimed at spotting income anomalies or mismatches between their GST returns and income tax return (ITR). Clearly, business persons need to ensure that their income tax returns and […]

from GST India-Goods and Services Tax in India http://bit.ly/2IUIMTO