CBDT to mine GST data to check evasion

The Income Tax Department wants to mine the GST payments data of businesses to ensure that no income goes untaxed. The Central Board of Direct Taxes (CBDT) wants firms availing presumptive taxation facility and also certain companies (not subjected to tax audit) to furnish GST-related payments information in their income tax returns. This has been specified in the new set of income tax return form…