Liability of Duty for unaccounted income

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..... CAN EXCISE / SALES TAX DEPARTMENT ASK FOR DUTY / TAX ON THE UNACCOUNTED INCOME DISCLOSED AT THE TIME OF SEARCH PROCEEDINGS U/S 132 OF INCOME TAX . AND ALSO CAN THEY RESUME / IMPOUND DOCUMENTS RELAT .....

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..... ED TO OTHER GROUP ASSOCIATES EVEN IF THEY ARE NOT REGISTERED WITH EXCISE/SALES TAX AUTHORITY AND THE PRODUCT NOT COVERED UNDER EXCISE/SALES TAX - Reply By Rama Krishana - The Reply = At the time of s .....

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..... earch or after receiving information from other department, excise / sales department insist the assessee to deposit duty / tax on the basis of information and estimated evasion. However, an assessee .....

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..... may insist upon to issue proper show cause notice before forcing him to deposit the duty / tax. All these depend upon the facts / nature / circumstances / evidence etc. - Liability of Duty for unaccou .....

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..... nted income - Query Started By: - NAVIN SINGHAL Dated:- 14-9-2009 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax .....

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..... Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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