https://www.taxtmi.com/caselaws?id=169441 The Court upheld the constitutional validity of the Wealth-tax Act, 1957, rejecting challenges on legislative competence, contravention of fundamental rights, and retrospective application. The Act's aim to prevent wealth concentration was deemed constitutional, with the Court ruling in favor of the respondent and awarding a consolidated hearing fee of Rs. 200. en-us Mon, 04 Nov 1963 00:00:00 +0530 Tue, 21 Apr 2015 10:02:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169441 The Court upheld the constitutional validity of the Wealth-tax Act, 1957, rejecting challenges on legislative competence, contravention of fundamental rights, and retrospective application. The Act's aim to prevent wealth concentration was deemed constitutional, with the Court ruling in favor of the respondent and awarding a consolidated hearing fee of Rs. 200. Case-Laws Income Tax Mon, 04 Nov 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169441