Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
Reversal of CENVAT Credit - clay (by-product) is exempted from excise duty and arises during the course of excavation and production of the dutiable final product lignite - The appellant is not required to maintain separate records for utilisation of input service in the manufacture of these products - rule 6(3) of the CENVAT Rules not attracted - AT
Reversal of CENVAT Credit - clay (by-product) is exempted from excise duty and arises during the course of excavation and production of the dutiable final product lignite - The appellant is not required to maintain separate records for utilisation of input service in the manufacture of these products - rule 6(3) of the CENVAT Rules not attracted - AT
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