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Central Excise - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Clandestine removal - the income surrendered before the income ...


Income Surrendered to Tax Department Needs Proof to Link it to Manufacturing Profits, Not Automatically Considered.

March 8, 2017

Case Laws     Central Excise     AT

Clandestine removal - the income surrendered before the income tax department cannot be presumed as profit of manufactured goods without any cogent evidence that the said income is out of manufacturing activity of the assessee - AT

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