Assessing Officer to Remove Additions If Adequate Details Provided on CENVAT Credit Reversal for Scrap Written Off.

Assessing Officer to Remove Additions If Adequate Details Provided on CENVAT Credit Reversal for Scrap Written Off. https://www.taxtmi.com/highlights?id=62995 Disallowance of rates & taxes being reversal of CENVAT credit on scrap written off - In case, the assessee is able to explain CENVAT credit with necessary details, then the Assessing Officer is directed to delete additions made towards disallowance of reversal of CENVAT credit on scrap written off. - AT en-us Tue, 19 Apr 2022 08:54:48 +0530 Tue, 19 Apr 2022 08:54:48 +0530 TaxTMI RSS Generator Assessing Officer to Remove Additions If Adequate Details Provided on CENVAT Credit Reversal for Scrap Written Off. https://www.taxtmi.com/highlights?id=62995 Disallowance of rates & taxes being reversal of CENVAT credit on scrap written off - In case, the assessee is able to explain CENVAT credit with necessary details, then the Assessing Officer is directed to delete additions made towards disallowance of reversal of CENVAT credit on scrap written off. - AT Highlights Income Tax Tue, 19 Apr 2022 08:54:48 +0530 https://www.taxtmi.com/highlights?id=62995