Untrue self-declaration in tax return corroborates suppression and can trigger penalty under self-assessment procedures. An untrue declaration in a service tax return asserting that tax has been paid corroborates suppression and attracts penalty; absence of a bona fide ... Summary
Untrue self-declaration in tax return corroborates suppression and can trigger penalty under self-assessment procedures.
An untrue declaration in a service tax return asserting that tax has been paid corroborates suppression and attracts penalty; absence of a bona fide statement on the return or with the return renders the declaration faulty and imputes liability under the self-assessment procedure.
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TaxTMI 
TaxTMI 
