Government may seek explanations for discrepancy in Income Tax, GST returns

In a bid to boost measures against tax evasion, the government may ask taxpayers to explain any discrepancies between their income tax and GST returns. For this, the authority is looking to add a section in annual GSTR 9 form, reported Mint. GSTR 9 is a return to be filed once a year by registered taxpayers under GST (Goods and Services Tax). It is a detailed collation of sales and purchases…