TMI Blog2009 (6) TMI 100X X X X Extracts X X X X X X X X Extracts X X X X ..... that the demand is barred by limitation partly. She also submits that the applicant company is suffering from loss as is evident from the balance sheet. – I find that the applicant had not disclosed the payment of tax to the Revenue. It is also noticed that the Revenue detected the non-payment of tax and even thereafter the applicant did not deposit tax. Hence, the applicant failed to make out pri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nk. She further submits that the demand is barred by limitation partly. She also submits that the applicant company is suffering from loss as is evident from the balance sheet. 3. Learned D.R. on behalf of the Revenue submits that the department detected non-payment of tax by the applicant. He further submits that the Central Excise officers requested the ICICI Bank to provide details of commi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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