notice to submit general requirements for unearthing tax evasion by comparing the income tax and excise records.

notice to submit general requirements for unearthing tax evasion by comparing the income tax and excise records. https://www.taxtmi.com/forum/issue?id=110176 The excise department issued demands for financial statements, cenvat ledgers and returns to detect service-tax evasion; the department may summon records under excise law applied to service tax and rely on extended limitation where omission arises from fraud, collusion, wilful misstatement, suppression of facts or intent to evade. Requestees should provide records but may seek time to comply and are advised to reconcile service-tax ledgers and supporting documents routinely. en-us Tue, 12 Apr 2016 17:33:36 +0530 Thu, 23 Jan 2025 15:56:26 +0530 TaxTMI RSS Generator notice to submit general requirements for unearthing tax evasion by comparing the income tax and excise records. https://www.taxtmi.com/forum/issue?id=110176 The excise department issued demands for financial statements, cenvat ledgers and returns to detect service-tax evasion; the department may summon records under excise law applied to service tax and rely on extended limitation where omission arises from fraud, collusion, wilful misstatement, suppression of facts or intent to evade. Requestees should provide records but may seek time to comply and are advised to reconcile service-tax ledgers and supporting documents routinely. Discussion-Forum Service Tax Tue, 12 Apr 2016 17:33:36 +0530 https://www.taxtmi.com/forum/issue?id=110176