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1972 (12) TMI 11 - MADRAS HIGH COURTPetitioner has filed the petitions on the ground that section 18(1)(a) of the Act is ultra vires, illegal and invalid - The learned counsel for the petitioner submitted that section 18(1)(a), in so far as it levies penalty at the uniform rate of one-half per cent. on the net wealth assessed, is violative of article 14 ; secondly, the penalty imposed under that section is confiscatory in nature and, therefore, infringes article 19(1)(f) of the Constitution ; thirdly, any penalty for non-submission of a return should have relation to the tax payable and not to the wealth and the penalty under section 18 being not related to the tax evaded is beyond the legislative competence of Parliament
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