Tax Evasion Case: Appellant's Failure to Explain Shortfall for Two Years Results in Penalty Waiver Denial.

Waiver of penalty - intent to evade tax or not - As the short fall has come during the investigation itself and the appellant did not explain the reasons and kept lingering on the matter for two years, in that circumstance, melafides of the appellant have been established by the Revenue. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X