https://www.taxtmi.com/caselaws?id=390159 Chapter XII-H of the Income-tax Act, 1961 was upheld as a valid fiscal levy because Parliament had legislative competence under its residuary power, and the classification of fringe benefits for tax purposes satisfied the test of reasonable classification. The court treated Sections 115WA, 115WB and 115WC as an independent charging scheme using a legal fiction to identify deemed fringe benefits, and held that the absence of perfect uniformity, alleged hardship, double taxation concerns, and asserted inconsistency with other income-tax provisions did not make the levy arbitrary or discriminatory. The constitutional challenge under Articles 14 and 246(1) read with Entry 82 of List I therefore failed. en-us Fri, 06 Dec 2019 00:00:00 +0530 Tue, 11 Feb 2025 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390159 Chapter XII-H of the Income-tax Act, 1961 was upheld as a valid fiscal levy because Parliament had legislative competence under its residuary power, and the classification of fringe benefits for tax purposes satisfied the test of reasonable classification. The court treated Sections 115WA, 115WB and 115WC as an independent charging scheme using a legal fiction to identify deemed fringe benefits, and held that the absence of perfect uniformity, alleged hardship, double taxation concerns, and asserted inconsistency with other income-tax provisions did not make the levy arbitrary or discriminatory. The constitutional challenge under Articles 14 and 246(1) read with Entry 82 of List I therefore failed. Case-Laws Income Tax Fri, 06 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390159