https://www.taxtmi.com/circulars?id=71344 Composite show-cause notices under sections 73 and 74 may cover multiple financial years where demands arise from a common factual matrix. Consolidation is procedural only: each financial year retains its independently calculated statutory limitation, and a later year's timeline cannot extend an earlier year's deadline. The use of any period and such periods supports statements for additional periods on the same grounds. Clear year-wise tax breakups allow liabilities to be disaggregated for limitation, adjudication, statutory benefits, and defence, preserving natural justice. en-us Tue, 16 Sep 2025 00:00:00 +0530 Wed, 16 Sep 2026 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=71344 Composite show-cause notices under sections 73 and 74 may cover multiple financial years where demands arise from a common factual matrix. Consolidation is procedural only: each financial year retains its independently calculated statutory limitation, and a later year's timeline cannot extend an earlier year's deadline. The use of any period and such periods supports statements for additional periods on the same grounds. Clear year-wise tax breakups allow liabilities to be disaggregated for limitation, adjudication, statutory benefits, and defence, preserving natural justice. Circulars GST Tue, 16 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71344