https://www.taxtmi.com/caselaws?id=235165 The court upheld the constitutionality of Sections 115JA and 115JAA of the Income Tax Act, ruling that they are not arbitrary or discriminatory. Section 115JA, imposing a minimum tax on profitable companies, was deemed a valid alternate method to ensure tax compliance, treating all companies equally. Section 115JAA, allowing credit for taxes paid under Section 115JA, was found to be a beneficial provision for companies with taxable income. The court dismissed the petition, affirming that the provisions do not violate the Constitution of India. en-us Tue, 09 Jul 2013 00:00:00 +0530 Fri, 20 Nov 2015 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235165 The court upheld the constitutionality of Sections 115JA and 115JAA of the Income Tax Act, ruling that they are not arbitrary or discriminatory. Section 115JA, imposing a minimum tax on profitable companies, was deemed a valid alternate method to ensure tax compliance, treating all companies equally. Section 115JAA, allowing credit for taxes paid under Section 115JA, was found to be a beneficial provision for companies with taxable income. The court dismissed the petition, affirming that the provisions do not violate the Constitution of India. Case-Laws Income Tax Tue, 09 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235165