2026 (7) TMI 371

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....AL) Shri Bharat Jain, Advocate for the Appellant Shri G.D. Bansal, Authorized Representative for the Respondent ORDER P. ANJANI KUMAR: The Improvement Trust, Amritsar has filed this appeal against the impugned order dated 08.03.2018. 2. Brief facts of the present case are that the appellant is a statutory urban development body constituted under the Punjab Town Improvement Act, 1....

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....a government body and as such as held by the Tribunals and the Courts in a number of cases that extended period cannot be invoked. He relies on Surat Municipal Corporation - 2017 (50) STR 265 (Guj.) & 2006 (4) STR 44 (Tri.) and Municipal Corporation - 2018-TIOL-687-CESTAT-Del. 4. On the other hand, Shri G.D. Bansal, learned Authorized Representative strongly opposes the contentions of the learn....

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....only after conduct of audit and scrutiny of balance sheets; therefore, we find that once the appellant, a government body, declares, the information pertaining to the transactions in the balance sheets, which is a public document, it cannot be alleged that the facts have been suppressed. Moreover, the issue came to light due to an audit conducted and not as a result of any search operation in purs....