{"id":12101,"date":"2020-09-04T11:50:46","date_gmt":"2020-09-04T11:50:46","guid":{"rendered":"http:\/\/itatonline.org\/digest\/t-t-k-prestige-ltd-v-uoi-2020422-itr-13-karnhc\/"},"modified":"2021-05-01T16:58:02","modified_gmt":"2021-05-01T11:28:02","slug":"t-t-k-prestige-ltd-v-uoi-2020422-itr-13-karnhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/t-t-k-prestige-ltd-v-uoi-2020422-itr-13-karnhc\/","title":{"rendered":"T. T. K. Prestige Ltd. v. UOI (2020)422 ITR 13\/ 192 DTR 305\/ 316 CTR 33\/ 275 Taxman 455   (Karn)(HC)\/Karnataka Drugs &#038; Pharmaceuticals Manufacturers Assocition v.UOI  (2020)422 ITR 13\/ 192 DTR 305 \/ 316 CTR 33\/ 275 Taxman 455  (Karn)(HC)\/N.Rnagarao &#038;Sons v .CIT (2020)422 ITR 13\/ 192 DTR 305 \/ 316 CTR 33\/ 275 Taxman 455  (Karn)(HC)"},"content":{"rendered":"<p><span lang=\"EN-US\">Dismissing the petition the Court held that the question of extending opportunity while assigning percentages under section\u00a0115WC\u00a0may not arise, since it is a policy matter. The contention of non-inclusion of fringe benefits under clause (24) of section 2 and its inclusion under clause (43) does not vitiate the provisions of fringe benefits tax with reference to the charging section 4, since fringe benefits tax is incorporated as an independent provision. The power to incorporate Chapter XII-H of the Income-tax Act, 1961 is available under the Seventh Schedule to the Constitution under entry 97. Further violation of article 14 is not made out.<\/span><\/p>\n<p><span lang=\"EN-US\">Hence neither Chapter XII-H or any part thereof is unconstitutional or opposed to articles 14 and 246(1) read with entry 82 of List I of the Seventh Schedule to the Constitution of India.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.115WC: Fringe benefits tax \u2014 Constitutional validity- Parliament had power to enact Chapter Xii-H under entry 97 of Seventh Schedule to Constitution of  India \u2014Not violate  of Article 14 of  Constitution of India . [ Art , 14 ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12101","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-39b","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=12101"}],"version-history":[{"count":4,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12101\/revisions"}],"predecessor-version":[{"id":17531,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12101\/revisions\/17531"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=12101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=12101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=12101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}