https://www.taxtmi.com/caselaws?id=28987 The court upheld the constitutionality of section 140A(3) of the Income Tax Act, ruling that the provision was not ultra vires the Constitution of India. The court emphasized that penalties for non-payment of tax were within the legislative competence of Parliament and were necessary to prevent tax evasion. The court found that the levy of penalties was not confiscatory and dismissed the writ petition challenging the constitutionality of the section. en-us Fri, 12 Nov 1982 00:00:00 +0530 Tue, 09 Mar 2010 12:14:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28987 The court upheld the constitutionality of section 140A(3) of the Income Tax Act, ruling that the provision was not ultra vires the Constitution of India. The court emphasized that penalties for non-payment of tax were within the legislative competence of Parliament and were necessary to prevent tax evasion. The court found that the levy of penalties was not confiscatory and dismissed the writ petition challenging the constitutionality of the section. Case-Laws Income Tax Fri, 12 Nov 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28987