What is Adjudication u/s 73 or 74?
'Scrutiny of Returns' or 'Audit by department' doesn't conclude directly into the Order.
S.74 can be invoked due to reasons of 'fraud, wilful-mis statement or suppression of facts'
S.73 for others than above reasons.
What is Adjudication u/s 73 or 74?
Major difference between these 2 section is,
A. Penalty
B. Time barred limit to issue SCN and order
Below is the Summary Table for Penalties under these 2 sections:
The whole process flow of adjudication u/s 73/74 is as below
Remember, there is no automatic Personal Hearing for this process, the same need to be asked in reply to SCN!
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