Now I-T Department may use GST data to curb tax evasion
The income tax department is now planning to use the data generated through Goods and Services Tax (GST) to check tax evasion. According to finance ministry officials, the I-T department is deliberating over using GST data of the taxpayers, who have taken high input tax credit (ITC) but their ITC claims do not match with their personal income tax return submitted to the department. The department…