https://www.taxtmi.com/highlights?id=74535 Demand of service tax based on Balance Sheet - The Tribunal emphasizes that amounts reflected in the Balance Sheet cannot determine Service Tax liability without evidence showing that the entire amount received was taxable under Service Tax provisions. The decision also underscores that regularly filed ST-3 Returns should be effectively scrutinized at the preliminary stage, and mere non-payment of tax does not constitute suppression of facts for invoking the extended period of limitation. en-us Thu, 01 Feb 2024 07:43:59 +0530 Thu, 01 Feb 2024 07:43:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74535 Demand of service tax based on Balance Sheet - The Tribunal emphasizes that amounts reflected in the Balance Sheet cannot determine Service Tax liability without evidence showing that the entire amount received was taxable under Service Tax provisions. The decision also underscores that regularly filed ST-3 Returns should be effectively scrutinized at the preliminary stage, and mere non-payment of tax does not constitute suppression of facts for invoking the extended period of limitation. Highlights Service Tax Thu, 01 Feb 2024 07:43:59 +0530 https://www.taxtmi.com/highlights?id=74535