https://www.taxtmi.com/caselaws?id=798445 Service-tax demands require identification and classification of the taxable service and determination of its taxable value under the Finance Act, 1994. Discrepancies between financial statements, income-tax records and ST-3 returns cannot alone establish taxable consideration without verification against agreements, invoices, work orders and contemporaneous records. Extended limitation requires proof of fraud, collusion, wilful misstatement, suppression, or contravention intended to evade tax; disclosed records and return-filing discrepancies do not by themselves prove suppression. Only separately identifiable admitted tax liability remains subject to statutory interest, while unsubstantiated demands and suppression-based penalties fail. en-us Mon, 07 Sep 2026 00:00:00 +0530 Tue, 08 Sep 2026 08:42:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798445 Service-tax demands require identification and classification of the taxable service and determination of its taxable value under the Finance Act, 1994. Discrepancies between financial statements, income-tax records and ST-3 returns cannot alone establish taxable consideration without verification against agreements, invoices, work orders and contemporaneous records. Extended limitation requires proof of fraud, collusion, wilful misstatement, suppression, or contravention intended to evade tax; disclosed records and return-filing discrepancies do not by themselves prove suppression. Only separately identifiable admitted tax liability remains subject to statutory interest, while unsubstantiated demands and suppression-based penalties fail. Case-Laws Service Tax Mon, 07 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798445