{"id":20700,"date":"2021-07-26T14:06:27","date_gmt":"2021-07-26T08:36:27","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-pepsi-foods-ltd-2021-433-itr-295-200-dtr-185-320-ctr-1-sc\/"},"modified":"2021-12-23T16:48:38","modified_gmt":"2021-12-23T11:18:38","slug":"dy-cit-v-pepsi-foods-ltd-2021-433-itr-295-200-dtr-185-320-ctr-1-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-pepsi-foods-ltd-2021-433-itr-295-200-dtr-185-320-ctr-1-sc\/","title":{"rendered":"Dy.CIT v. Pepsi Foods Ltd. (2021) 433 ITR 295 \/ 200 DTR 185 \/ 320 CTR 1\/ 282 Taxman 10  (SC)"},"content":{"rendered":"<p>While interpreting the section 254(2A) of the Act, third proviso,\u00a0 wherein the section provided\u00a0 automatic vacation of stay\u00a0 on completion of 365 days. The Court held that challenges to tax statutes made under article 14 of the Constitution of India can be on grounds relatable to discrimination as well as grounds relating to manifest arbitrariness. \u00a0These grounds may be procedural or substantive in nature. The expression permissible policy taxation would refer to a policy that is constitutionally permissible. If the policy is itself arbitrary and discriminatory, such policy will have to be struck down. Referred \u00a0Suraj Mall Mohta and Co v. A.V Visvanathan Sastri\u00a0 (1955) 1 SCR 448,\u00a0 Kunnathat Thatehunni Moorrpi Nair v. State of Kerala (1961) 3 SCR 77\u00a0 (5-Judge decision), UOI v. A.Sanyasi Rao (1996) 3 SCC 465,\u00a0 Shyayara Bano v.UOI (2017) 9 SCC 1 (5-Judge decision) (5-Judge decision),\u00a0 \u00a0State\u00a0 of M.P v. Bhopal Sugar Industries Ltd (1964) 52 ITR 443 (SC)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interpretation of Taxing statutes-Legislative powers-Challenges Discrimination or arbitrariness can be substantial or procedural-Such policy can be struck down. [Art. 14, S. 254(2A)]   <\/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":[21],"tags":[],"class_list":["post-20700","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5nS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20700","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=20700"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20700\/revisions"}],"predecessor-version":[{"id":23284,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20700\/revisions\/23284"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=20700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=20700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=20700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}