7 Years Time For Adjudication Proceedings u/s 73(1) of Finance Act Not a Reasonable Period: Jharkhand HC [Read Order]

Time For Adjudication Proceedings - Adjudication Proceedings - Finance Act - Not a Reasonable Period - Reasonable Period - Jharkhand High Court - High Court - TAXSCAN

The Jharkhand High Court has held that 7 Years for adjudication proceedings under section 73(1) of the Finance Act, 1994 is not a reasonable period. The petitioner, M/S Kamaladitya Construction (P) Ltd challenged the legality and validity of the impugned show cause notice issued by the Respondent No.2 in purported exercise of powers under proviso…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader