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  • Income Tax: If you have not deposited the tax then the problem may increase! GST department is going to start this investigation – income tax gst department to examine income tax data to identify tax evaders
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Income Tax: If you have not deposited the tax then the problem may increase! GST department is going to start this investigation – income tax gst department to examine income tax data to identify tax evaders

2 weeks ago India
Income Tax: If you have not deposited the tax then the problem may increase!  GST department is going to start this investigation – income tax gst department to examine income tax data to identify tax evaders


New Delhi: The GST department will soon start analyzing data from income tax returns of companies and professionals and documents submitted to the Ministry of Corporate Affairs. The objective of this exercise is to widen the tax base and to ascertain whether the entities are paying their GST liability in full or not. At present there are 1.38 crore registered businesses and professionals under the Goods and Services Tax (GST). GST was implemented on July 1, 2017. Companies with an annual turnover of more than Rs 40 lakh in manufacturing and Rs 20 lakh in the services sector are required to register themselves under GST and file tax returns.

An official told PTI, “We will analyze the data on the basis of the information available with the Income Tax Department.” During the data analysis, the focus will be on those entities which are not exempted and which are taxed under GST. Need to register and file monthly or quarterly returns. After identifying the entities that are non-compliant with the GST law, the GST department will ask them at their registered place of business the reasons for non-compliance.

The official further said that the data analysis wing, along with the Ministry of Corporate Affairs (MCA), will go through the quarterly and annual data submitted by the companies to find out if there is any GST evasion. The official said that in the first phase, the Income Tax department and GST data would be reconciled. After this it will be matched with the MCA figures. “We will soon start matching the income tax data,” the official said.



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सभी लेख मूल स्रोत से अनुवादित हैं। हम भारत में अंग्रेजी बोलने वालों को यह समझने में मदद करने के लिए एक अनुवाद सेवा संचालित करते हैं कि पूरे भारत में क्या हो रहा है।

सभी सामग्री और तस्वीरें मूल स्रोत की संपत्ति हैं। प्रत्येक लेख में लेख के निचले भाग में मूल स्रोत का लिंक होता है। हम अपने सर्वर पर किसी भी मूल स्रोत की छवियों को संग्रहीत नहीं करते हैं।

कई प्रवासी, सेवानिवृत्त और अंग्रेजी बोलने वाले पर्यटक हमारी सेवा पर भरोसा करते हैं। भारत के कई अंग्रेजी बोलने वाले निवासियों की इस जानकारी तक पहुंच नहीं है। हमारी सेवा अंग्रेजी बोलने वाले निवासियों और हिंदी बोलने वाले मीडिया के बीच समझ की सुविधा प्रदान करती है, जबकि प्रत्येक मूल लेख के लिए अधिक आगंतुक प्रदान करती है।

यदि आप किसी आइटम को हटाना चाहते हैं, तो आप हमारे सिस्टम से किसी आइटम को हटाने के लिए URL और स्वामित्व के प्रमाण के साथ हमसे संपर्क कर सकते हैं।

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