SC dismisses writ on Pradhan Mantri Garib Kalyan Yojana tax scheme

The present writ petition is preferred under Article 32 of the Constitution of India with the following prayers:- “Pass an appropriate Writ, Order or Direction, in the nature of Certiorari, inter-alia, quashing/setting aside penalty, surcharge and also provisions for lock-in/withholding of 25% of disclosed income for 4 years under the Taxation Laws  (Second Amendment) Bill, 2016, (Pradhan Mantri Garib Kalyan Yojna, 2016), i.e. Section 199D(2), 199E and 199F of the Finance Act, 2016, by declaring them illegal and null and void; Pass an appropriate Writ, order or direction, in the nature ...