Demand for Service Tax by simply relying on Income Tax Returns & Profit and Loss Accounts is not sustainable: CESTAT deletes Penalty [Read Order]

Demand for service tax - income tax returns - profit and loss accounts - CESTAT - penalty - taxscan

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Allahabad bench has held that the demand for service tax by simply relying on income tax returns & profit and loss accounts is not sustainable. The appellants are engaged in the transportation of goods from various siding to Nepal. The department observed that the appellant had…

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