https://www.taxtmi.com/caselaws?id=272809 The court held that the term "individuals" in Entry 86 of List I includes Hindu Undivided Families (HUFs). The Wealth-tax Act, 1957, applying to HUFs, was deemed within the Union Parliament's legislative competence. Even if HUFs were not covered, authority could be derived from the residuary entry and Article 248. The petition challenging the Act's validity was dismissed, with costs awarded against the petitioner. en-us Tue, 19 Jan 1960 00:00:00 +0530 Fri, 18 May 2018 15:49:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272809 The court held that the term "individuals" in Entry 86 of List I includes Hindu Undivided Families (HUFs). The Wealth-tax Act, 1957, applying to HUFs, was deemed within the Union Parliament's legislative competence. Even if HUFs were not covered, authority could be derived from the residuary entry and Article 248. The petition challenging the Act's validity was dismissed, with costs awarded against the petitioner. Case-Laws Wealth-tax Tue, 19 Jan 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272809