https://www.taxtmi.com/caselaws?id=23021 The court upheld the validity of sections 44AC and 206C of the Income-tax Act, 1961, introduced to counteract tax evasion by specific businesses. The amendments were deemed not arbitrary and justified under Article 19(1)(g) of the Constitution. The court found that the amendments aimed to prevent tax evasion and ensure fair assessment of income. L-13 licensees were exempted from tax demands at the purchase point under the proviso to section 44AC. The respondents were restrained from enforcing such tax demands, and each party was directed to bear their own costs. en-us Tue, 06 Mar 1990 00:00:00 +0530 Wed, 16 Dec 2009 11:15:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23021 The court upheld the validity of sections 44AC and 206C of the Income-tax Act, 1961, introduced to counteract tax evasion by specific businesses. The amendments were deemed not arbitrary and justified under Article 19(1)(g) of the Constitution. The court found that the amendments aimed to prevent tax evasion and ensure fair assessment of income. L-13 licensees were exempted from tax demands at the purchase point under the proviso to section 44AC. The respondents were restrained from enforcing such tax demands, and each party was directed to bear their own costs. Case-Laws Income Tax Tue, 06 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23021