https://www.taxtmi.com/caselaws?id=794276 Service tax demands based on entries already disclosed in the assessee's balance sheet and profit and loss account cannot attract the extended limitation period unless the department shows concealment, suppression of facts, or a positive intent to evade duty. On the stated facts, the demand was held time barred because the records were already available to the department and the matter was revenue neutral. For the same reasons, penalty was held unsustainable, as the ingredients of suppression, wilful misstatement, or intent to evade were not established. The order was modified accordingly in favour of the assessee. en-us Wed, 01 Jul 2026 00:00:00 +0530 Fri, 03 Jul 2026 08:49:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794276 Service tax demands based on entries already disclosed in the assessee's balance sheet and profit and loss account cannot attract the extended limitation period unless the department shows concealment, suppression of facts, or a positive intent to evade duty. On the stated facts, the demand was held time barred because the records were already available to the department and the matter was revenue neutral. For the same reasons, penalty was held unsustainable, as the ingredients of suppression, wilful misstatement, or intent to evade were not established. The order was modified accordingly in favour of the assessee. Case-Laws Service Tax Wed, 01 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794276