2018 (6) TMI 1551

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..... laced on record that the said income or turnover is on account of the goods manufactured by the assessee. As the Revenue has failed to come with evidence that the said amount surrendered with the Income Tax Department is on account of clandestine removal of goods. In that circumstances, demand against the appellant cannot be confirmed - appeal allowed - decided in favor of appellant. - Appeal .....

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..... Revenue has failed to come with evidence that the said amount surrendered with the Income Tax Department is on account of clandestine removal of goods. In that circumstances, demand against the appellant cannot be confirmed in the light of the decision of this Tribunal in the case of Vardhman Chemtech Limited and others vide Final Order No. A/60931- 60932/2016-EX(DB) dated 11.07.20116, therefore, .....

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