https://www.taxtmi.com/caselaws?id=769238 A cumulative reading of the statutory scheme requires that proceedings under Section 74 be conducted separately for each assessment year because the statutory time limit and adjudication reference the financial year to which the tax shortfall or wrongfully availed input tax credit relates; consequently an independent show cause notice is necessary for each year since distinct defences may be raised for different years. The effect declared is that a composite notice purporting to cover multiple assessment years is infirm to the extent it aggregates distinct years, and the composite notice was set aside insofar as it related to assessment years 2018-2019, 2019-2020, 2020-2021 and 2021-2022, while the notice for 2017-2018 was sustained. en-us Tue, 08 Apr 2025 00:00:00 +0530 Thu, 02 Jul 2026 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769238 A cumulative reading of the statutory scheme requires that proceedings under Section 74 be conducted separately for each assessment year because the statutory time limit and adjudication reference the financial year to which the tax shortfall or wrongfully availed input tax credit relates; consequently an independent show cause notice is necessary for each year since distinct defences may be raised for different years. The effect declared is that a composite notice purporting to cover multiple assessment years is infirm to the extent it aggregates distinct years, and the composite notice was set aside insofar as it related to assessment years 2018-2019, 2019-2020, 2020-2021 and 2021-2022, while the notice for 2017-2018 was sustained. Case-Laws GST Tue, 08 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769238