Omission of Manufacturer Payments in Tax Returns Not Suppression, Assessee Held Bona Fide Belief of No Tax Liability.

Omission of Manufacturer Payments in Tax Returns Not Suppression, Assessee Held Bona Fide Belief of No Tax Liability. https://www.taxtmi.com/highlights?id=4916 Information regarding commission received and also about payments received from the manufacturer was not disclosed in the service tax returns. This cannot considered as suppression with intent to evade tax, because the Assessee had a bona fide belief that they were not liable to pay tax - AT en-us Wed, 22 Aug 2012 13:35:54 +0530 Wed, 22 Aug 2012 13:35:54 +0530 TaxTMI RSS Generator Omission of Manufacturer Payments in Tax Returns Not Suppression, Assessee Held Bona Fide Belief of No Tax Liability. https://www.taxtmi.com/highlights?id=4916 Information regarding commission received and also about payments received from the manufacturer was not disclosed in the service tax returns. This cannot considered as suppression with intent to evade tax, because the Assessee had a bona fide belief that they were not liable to pay tax - AT Highlights Central Excise Wed, 22 Aug 2012 13:35:54 +0530 https://www.taxtmi.com/highlights?id=4916