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

Soon, the tax department will be sharing the  income tax return (ITR) 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  ITR .  Clearly, business persons need to ensure that their income tax returns and GST returns correlate. In simple terms,…