PRINCIPAL COMMISSIONER OF INCOME TAX RAJBAGH SRINAGAR vs. M/S GRAVITA METAL INC INDUSTRIAL ESTATE KATHUIA J AND K

Bench: HON'BLE THE CHIEF JUSTICE,HON'BLE MR. JUSTICE MA CHOWDHARY

14. When a Statute levies tax, interest or penalty, it does so by inserting a charging Section by which a liability is created or fixed and then proceeds to provide machinery to enforce the liability. The Section in the Statute that creates or fixes liability, whether it is tax, interest or penalty, is known as ‘Charging Section’ and the Section