https://www.taxtmi.com/caselaws?id=387011 The Tribunal set aside the demand raised under Section 111 of the Finance Act, 2013, as it was deemed presumptive and lacking a solid foundation. The appellant's VCES declaration was challenged based on Form 26AS information covering a broader period, which the Tribunal found insufficient to establish a substantially false declaration. The lack of scrutiny on the activities for which payments were received and the period alignment in the assessment process led to the decision in favor of the appellant, highlighting discrepancies in the tax liability calculation and assessment process. en-us Fri, 26 Jul 2019 00:00:00 +0530 Tue, 15 Oct 2019 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387011 The Tribunal set aside the demand raised under Section 111 of the Finance Act, 2013, as it was deemed presumptive and lacking a solid foundation. The appellant's VCES declaration was challenged based on Form 26AS information covering a broader period, which the Tribunal found insufficient to establish a substantially false declaration. The lack of scrutiny on the activities for which payments were received and the period alignment in the assessment process led to the decision in favor of the appellant, highlighting discrepancies in the tax liability calculation and assessment process. Case-Laws Service Tax Fri, 26 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387011