https://www.taxtmi.com/caselaws?id=22056 The court upheld the constitutional validity of sections 44AC and 206C of the Income-tax Act, 1961, dismissing the challenge raised by the petitioner regarding legislative competence and discrimination. Previous judgments supporting the legislation were referenced, emphasizing the effectiveness of presumptive taxation in combating evasion in specific business sectors. Despite arguments of hardship to the assessee, the court found the legislation valid and essential for regulating certain trades, ultimately dismissing the writ appeal and affirming the legality of the provisions in question. en-us Tue, 14 Aug 1990 00:00:00 +0530 Sat, 05 Dec 2009 17:22:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22056 The court upheld the constitutional validity of sections 44AC and 206C of the Income-tax Act, 1961, dismissing the challenge raised by the petitioner regarding legislative competence and discrimination. Previous judgments supporting the legislation were referenced, emphasizing the effectiveness of presumptive taxation in combating evasion in specific business sectors. Despite arguments of hardship to the assessee, the court found the legislation valid and essential for regulating certain trades, ultimately dismissing the writ appeal and affirming the legality of the provisions in question. Case-Laws Income Tax Tue, 14 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22056