https://www.taxtmi.com/caselaws?id=26597 The court upheld the validity of challenged provisions of the Income-tax Act, 1961, finding them within the legislative competence of the Union Parliament. The court held that the provisions did not violate Article 14 of the Constitution due to impermissible classification and arbitrariness. Additionally, the court determined that the provisions did not unduly interfere with freedom of trade and business under Article 19(1)(g) of the Constitution. Consequently, the court dismissed the writ petitions, directing each party to bear their own costs. en-us Wed, 05 Mar 1986 00:00:00 +0530 Sat, 06 Feb 2010 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26597 The court upheld the validity of challenged provisions of the Income-tax Act, 1961, finding them within the legislative competence of the Union Parliament. The court held that the provisions did not violate Article 14 of the Constitution due to impermissible classification and arbitrariness. Additionally, the court determined that the provisions did not unduly interfere with freedom of trade and business under Article 19(1)(g) of the Constitution. Consequently, the court dismissed the writ petitions, directing each party to bear their own costs. Case-Laws Income Tax Wed, 05 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26597