https://www.taxtmi.com/caselaws?id=791307 Service receipts reflected in income-tax records and Form 26AS were treated as the reliable basis for fixing taxable value, and the appellant was allowed threshold exemption only to the extent those records showed turnover below the limit; it did not secure complete exemption because admitted short payment remained on the balance taxable value. Non-disclosure of full receipts in service-tax returns was treated as suppression with intent to evade, so extended limitation applied, interest remained payable as a statutory consequence, and penalties under sections 78 and 77(1) were sustained in principle but reduced to the tax and liability finally upheld. en-us Tue, 28 Apr 2026 00:00:00 +0530 Fri, 08 May 2026 10:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791307 Service receipts reflected in income-tax records and Form 26AS were treated as the reliable basis for fixing taxable value, and the appellant was allowed threshold exemption only to the extent those records showed turnover below the limit; it did not secure complete exemption because admitted short payment remained on the balance taxable value. Non-disclosure of full receipts in service-tax returns was treated as suppression with intent to evade, so extended limitation applied, interest remained payable as a statutory consequence, and penalties under sections 78 and 77(1) were sustained in principle but reduced to the tax and liability finally upheld. Case-Laws Service Tax Tue, 28 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791307