Extended period of limitation - Bonafide belief - An assessee ...

Genuine Belief in No Tax Liability Does Not Equal Willful Misstatement; Affects Extended Limitation Period for Assessments.

March 14, 2016

Case Laws Service Tax AT

Extended period of limitation - Bonafide belief - An assessee who has a bonafide belief that it is not liable to tax would naturally not obtain registration, assess itself to tax or file returns. This by itself does not tantamount to wilful misstatement / the suppression of facts. - AT

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Extended period of limitation - Bonafide belief - An assessee ...

Genuine Belief in No Tax Liability Does Not Equal Willful Misstatement; Affects Extended Limitation Period for Assessments.

March 14, 2016

Case Laws Service Tax AT

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