Inaccurate-particulars penalties fail where transfer-pricing documentation shows good faith and due diligence, and underlying capital-gains additions ...
Transfer-pricing tolerance for software sub-licensing falls within the services range, eliminating the adjustment and requiring TDS-credit verificatio...
Customs Broker due diligence requires prescribed KYC, not detecting misdeclarations discoverable only through physical examination, defeating licence ...
E-filing system failure permits exclusion of affected time in insolvency appeals, preventing tribunal technology defects from defeating timely filings...
GST treats each financial year as a separate tax period for...
Year-wise GST tax periods make composite show cause notices impermissible, requiring separate proceedings despite contrary non-jurisdictional precedent.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
GST treats each financial year as a separate tax period for assessment, annual returns, demand limitation and recovery. A composite show cause notice covering multiple financial years improperly combines distinct periods with different due dates, limitation requirements, grounds and response obligations, and is therefore impermissible. Jurisdictional High Court precedent requiring year-wise notices remains binding on authorities notwithstanding a contrary High Court view and an in-limine dismissal of a special leave petition against that view, which does not trigger merger. The composite notice was quashed, with liberty to issue a fresh notice under the CGST Act if legally permissible.
GST treats each financial year as a separate tax period for assessment, annual returns, demand limitation and recovery. A composite show cause notice covering multiple financial years improperly combines distinct periods with different due dates, limitation requirements, grounds and response obligations, and is therefore impermissible. Jurisdictional High Court precedent requiring year-wise notices remains binding on authorities notwithstanding a contrary High Court view and an in-limine dismissal of a special leave petition against that view, which does not trigger merger. The composite notice was quashed, with liberty to issue a fresh notice under the CGST Act if legally permissible.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
