Supreme Court · 1965 INSC 197 · Decided 6 October 1965
Hari Krishna Bhargav v. Union of India and Another
- Court
- Supreme Court of India
- Citation
- 1965 INSC 197 · [1966] 2 S.C.R. 22
- Case number
- WRIT PETITION (CIVIL) No. 17/1965
- Decided
- 6 October 1965
- Bench
- P.B. GAJENDRAGADKAR, K.N. WANCHOO, M. HIDAYATULLAH, J.C. SHAH, S.M. SIKRI (5-judge bench)
- Outcome
- Dismissed
- Case type
- Writ / Constitutional
- Acts & sections cited
- Constitution Article 13, 292, 32, 14; Income Tax Act Section 2
Headnote
Indian Income-tax Act, (Act 43 of 1961) Ch. XX/I-A-Annuity Depo­ sits-.Conzpetence of Par/ianzent-ConsMtution of ~ndia, Art. 14. By incorporating Ch. XXII-A in the Indian Income-tax Act, 1961 an annuity deposit scheme was introduced requiring certain classes of tax­ payers in the high rates on the adjusted total income with the Central Government. The amount depo· sited is made returnable with interest in annual instalments and the instal­ ment is taxable in the year of refund. The tax-payer has the option not to make the deposit, but in that case he has to pay
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)