Tag: GST credits

I-T profiling to help revenue department nab fraudsters claiming fake GST credits

NEW DELHI: The government of India proposes to match GST data mentioned in Form 26AS with the turnover numbers provided while filing income tax returns. The move is aimed at identifying unscrupulous persons who try to avail or pass on input tax credit fraudulently by generating fake invoices. In such cases, the revenue department had […]

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