TMI Blog2011 (2) TMI 47X X X X Extracts X X X X X X X X Extracts X X X X ..... xplain the source of cash recovered from his residence - Accordingly, it is submitted that the seizure is justified - The petitioner on the other hand contends the cash recovered pertains to transaction relating to sale of an immovable property with a third person Sanjay Singhal. Reliance is placed on purported documents. These all are disputed questions of fact which have to be gone into and exam ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . As per the counter affidavit the allegations are that the said company was indulging in the evasion of central excise duty by way of under valuation and suppression of their actual production and removal of manufactured goods clandestinely without payment of appropriate central excise duty. It is also stated that cash of Rs.66,05,000/- was recovered from the residence of the petitioner and on en ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... placed on purported documents. These all are disputed questions of fact which have to be gone into and examined during the course of the adjudication proceedings under the Central Excise Act, 1944. Various aspects including statements recorded, books of accounts and other material available is required to be examined and gone into. Against the assessment order, M/s Art-N-Glass India Pvt. Ltd. has ..... X X X X Extracts X X X X X X X X Extracts X X X X
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