https://www.taxtmi.com/caselaws?id=272605 The court dismissed the petition, holding that the Union Parliament was competent to levy wealth-tax on Hindu undivided families under Entry No. 86 in List I of the Seventh Schedule to the Constitution. The term "individuals" was interpreted to include Hindu undivided families, and no settled legislative practice or judicial consensus supported a narrower interpretation. The petition was dismissed with costs, and the court did not need to address the residual powers argument under Article 248 and Entry No. 97. en-us Fri, 27 Mar 1959 00:00:00 +0530 Wed, 09 May 2018 15:08:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272605 The court dismissed the petition, holding that the Union Parliament was competent to levy wealth-tax on Hindu undivided families under Entry No. 86 in List I of the Seventh Schedule to the Constitution. The term "individuals" was interpreted to include Hindu undivided families, and no settled legislative practice or judicial consensus supported a narrower interpretation. The petition was dismissed with costs, and the court did not need to address the residual powers argument under Article 248 and Entry No. 97. Case-Laws Wealth-tax Fri, 27 Mar 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272605