https://www.taxtmi.com/caselaws?id=22818 The court held that Parliament had the legislative competence to enact Sections 44AC and 206C of the Income-tax Act. However, Section 44AC was found to be in violation of Articles 14 and 19(1)(g) of the Constitution due to arbitrariness and unreasonable restrictions. Despite this, the court chose not to strike down Section 44AC but instead read it down as an adjunct to Section 206C, requiring regular assessments in accordance with specific provisions. The petitions were allowed, with no order as to costs. en-us Fri, 21 Sep 1990 00:00:00 +0530 Mon, 14 Dec 2009 13:01:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22818 The court held that Parliament had the legislative competence to enact Sections 44AC and 206C of the Income-tax Act. However, Section 44AC was found to be in violation of Articles 14 and 19(1)(g) of the Constitution due to arbitrariness and unreasonable restrictions. Despite this, the court chose not to strike down Section 44AC but instead read it down as an adjunct to Section 206C, requiring regular assessments in accordance with specific provisions. The petitions were allowed, with no order as to costs. Case-Laws Income Tax Fri, 21 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22818