Exempt All Persons With Less Than ₹8 L Annual Income From Income Tax In The Light Of EWS Criteria : Plea In Madras High Court
If families earning less than ₹8 lakh annually is EWS, why should people earning more than Rs 2.50 lakhs pay income tax?, the petitioner asks.
The Madurai Bench of the Madras High Court has sought the response of the Centre on a plea challenging the fixation of 2.5 lakh as the base income for the purpose of collecting Income Tax in light of the recent Supreme Court decision upholding the validity of 103rd Constitutional Amendment providing reservation to Economically Weaker Sections of the society with gross annual income below...
The Madurai Bench of the Madras High Court has sought the response of the Centre on a plea challenging the fixation of 2.5 lakh as the base income for the purpose of collecting Income Tax in light of the recent Supreme Court decision upholding the validity of 103rd Constitutional Amendment providing reservation to Economically Weaker Sections of the society with gross annual income below Rs. 7,99,999.
"When the Government fixed income criteria that a family whose having cross income upto the limit of Rs.7,99,999/- as Economically Weaker Section family for availing benefit under Economically Weaker Section reservation, the respondents should not be permitted to collect Income tax from individual having income upto limit of Rs.7,99,999/-, because there is no rationality and equality in collecting the tax"- petition.
The present Income Tax Act schedule is against the Supreme Court judgment, because it would leads to collect tax from the economically poor citizen and they could not compete with the forward community people in status or education or economic.
"By the impugned First Schedule, Part-I, paragraph-A of the Finance Act, 2022, [No.6 of 2022], the respondents are permitted to collect income tax from an individual having income among Rs.2,50,000/- per annum and it would leads to maintain economic inequality among the citizen, because a section of people having income below Rs.7,99,999/-, per annum or eligible to get reservation and Economically Weaker Section, but the others are not eligible to get reservation on the basis of income criteria. Hence, it is clear violation of the fundamental rights", the plea states.