TMI BlogAttempt to evasion of tax -Since it is found that the buyer has become the owner of the goods, penalty...Attempt to evasion of tax -Since it is found that the buyer has become the owner of the goods, penalty can be imposed on him only if it is proved that he had colluded with the seller in his attempt to evade payment of tax - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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