https://www.taxtmi.com/article/detailed?id=10556 The balance sheet as filed by an assessee constitutes conclusive evidence of declared trading activities; allegations of suppression of facts cannot be sustained where the same information was disclosed in documents available to the revenue, and bona fide disclosure negates an inference of intent to evade duty, rendering invocation of the extended period of limitation inappropriate. en-us Sat, 23 Jul 2022 10:00:59 +0530 Sat, 23 Jul 2022 10:00:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10556 The balance sheet as filed by an assessee constitutes conclusive evidence of declared trading activities; allegations of suppression of facts cannot be sustained where the same information was disclosed in documents available to the revenue, and bona fide disclosure negates an inference of intent to evade duty, rendering invocation of the extended period of limitation inappropriate. Articles Central Excise Sat, 23 Jul 2022 10:00:59 +0530 https://www.taxtmi.com/article/detailed?id=10556