Income Surrendered to Tax Department Needs Proof to Link it to Manufacturing Profits, Not Automatically Considered.

Income Surrendered to Tax Department Needs Proof to Link it to Manufacturing Profits, Not Automatically Considered. https://www.taxtmi.com/highlights?id=33638 Clandestine removal - the income surrendered before the income tax department cannot be presumed as profit of manufactured goods without any cogent evidence that the said income is out of manufacturing activity of the assessee - AT en-us Wed, 08 Mar 2017 07:59:04 +0530 Wed, 08 Mar 2017 07:59:04 +0530 TaxTMI RSS Generator Income Surrendered to Tax Department Needs Proof to Link it to Manufacturing Profits, Not Automatically Considered. https://www.taxtmi.com/highlights?id=33638 Clandestine removal - the income surrendered before the income tax department cannot be presumed as profit of manufactured goods without any cogent evidence that the said income is out of manufacturing activity of the assessee - AT Highlights Central Excise Wed, 08 Mar 2017 07:59:04 +0530 https://www.taxtmi.com/highlights?id=33638