Limitation period for tax demand; intent to evade required for extension.

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Full Text of the Document

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....Demand for FY 2013-14 barred by limitation; extended limitation requires evidence of intent to evade tax. Mere non-disclosure insufficient to invoke extended period. Corporate guarantees without consideration not taxable. Demand of Rs. 3,105 for legal services upheld; other demands set aside. CESTAT allowed appeal in part.....