https://www.taxtmi.com/caselaws?id=26055 The court upheld the validity and applicability of Sections 44AB and 271B of the Income-tax Act, dismissing all writ petitions challenging these provisions. It emphasized that these sections are designed to prevent tax evasion and facilitate tax administration, citing relevant precedents. The court clarified the interpretation of these sections, noting the discretion of the Income-tax Officer in imposing penalties. Additionally, it ruled on the applicability of Section 44AB to commission agents and addressed concerns regarding restrictions under Article 19(1)(g) and alleged inconsistencies with other provisions, ultimately concluding in favor of the tax provisions while allowing a grace period for compliance. en-us Mon, 14 Apr 1986 00:00:00 +0530 Thu, 24 Nov 2016 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26055 The court upheld the validity and applicability of Sections 44AB and 271B of the Income-tax Act, dismissing all writ petitions challenging these provisions. It emphasized that these sections are designed to prevent tax evasion and facilitate tax administration, citing relevant precedents. The court clarified the interpretation of these sections, noting the discretion of the Income-tax Officer in imposing penalties. Additionally, it ruled on the applicability of Section 44AB to commission agents and addressed concerns regarding restrictions under Article 19(1)(g) and alleged inconsistencies with other provisions, ultimately concluding in favor of the tax provisions while allowing a grace period for compliance. Case-Laws Income Tax Mon, 14 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26055