https://www.taxtmi.com/caselaws?id=27240 Karnataka HC upheld the constitutional validity of Section 44AB requiring compulsory audit by chartered accountants for taxpayers exceeding specified transaction limits. The court rejected challenges under Articles 14 and 19(1)(g), holding that the provision is not arbitrary as bigger assessees cannot compare themselves with smaller ones. The mandatory audit requirement serves legitimate purposes of preventing tax evasion and facilitating administrative convenience. While acknowledging potential hardship to income tax practitioners, the court found the restriction reasonable and in general public interest, saved under Article 19(6). The writ petitions were dismissed. en-us Tue, 09 Apr 1985 00:00:00 +0530 Wed, 19 Mar 2025 17:22:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27240 Karnataka HC upheld the constitutional validity of Section 44AB requiring compulsory audit by chartered accountants for taxpayers exceeding specified transaction limits. The court rejected challenges under Articles 14 and 19(1)(g), holding that the provision is not arbitrary as bigger assessees cannot compare themselves with smaller ones. The mandatory audit requirement serves legitimate purposes of preventing tax evasion and facilitating administrative convenience. While acknowledging potential hardship to income tax practitioners, the court found the restriction reasonable and in general public interest, saved under Article 19(6). The writ petitions were dismissed. Case-Laws Income Tax Tue, 09 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27240