Supreme Court of India

Assistant Director of Inspection Investigation v. Kum. A.B. Shanthi

Neutral citation
Reported as [2002] 3 S.C.R. 764
Bench Rp. Sethi and K.G. Balakrishnan JJ.
Decided 3 May 2002

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

What the Court ordered

In view of the foregoing, Criminal Appeal No. 601 of I 992 is allowed and the impugned judgment is set aside.

Judgment, page 11

From the headnote

Income Tax Act, I 96 I: Sections 269 SS and 27 I -Prescribed mode of taking or accepting loan and penalty in violation thereof-Ascertained in respect of borrower and not the /ender-Whether discriminatory-Held provisions are not discriminatory, draconian or exproprietory-Hence constitutionally valid­ Constitution of India, 1950-Article 14. Section 269 SS-Enactment of under entry 82 in List I of Seventh Schedule-Legislative competence challenged-Plea that enactment is on the subject outside scope of Income Tax Act-Held, since law relating to tax can be enacted under Schedule 7, List I, Entry

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