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Taxmen to scrutinise mismatch among ITR and carrier tax returns

The mismatch in ITR and provider tax returns has come to be aware of permanent account numbers (PANs), which are either on no account registered beneath provider tax or PANs that are registered; however, did no longer record the carrier tax returns. The sales branch has requested tax officers to scrutinize the mismatch in turnover towards services between profits tax returns and provider tax returns through organizations during 2015-16 and 2016-17.

Central Board of Indirect Taxes and Customs (CBIC) Chairman P K Das, in a letter to field formation, stated that there was a wide gap of Rs 12 lakh crore between the turnover as a result of services as consistent with the ITR/TDS (tax deducted at supply) information and the price of functions declared within the corresponding provider tax returns for monetary 2015-16.


Mismatches had been additionally noticed for the monetary yr 2016-17, for which facts are being shared with the field workplaces. The sheer importance of the mismatch is a pointer to the possibility of sales leakage which can’t be overlooked,” Das stated, asking the tax officers to confirm the records quickly and report it to the CBIC. The mismatch in ITR and provider tax returns has come to notice recognizing permanent account numbers (PANs), which are both on no account registered under provider tax or PANs which might be designated but did not document the provider tax returns.

There is a price mismatch between the turnover declared in ITR or TDS and the carrier tax returns in some cases.
Service tax changed into subsumed into the products and offerings tax (GST) with impact from July 1, 2017. The period below scrutiny is the final financial year earlier than the new indirect tax regime. Net service tax collections for the duration of 2016-17 stood at Rs 2. Fifty-four lakh crore compared with Rs 2.11 lakh crore in 2015-sixteen.

Deborah Williams
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