Government Should Keep Taxation System Convenient & Simple, Says Supreme Court

Government Should Keep Taxation System Convenient & Simple

Case: South Indian Bank Ltd. Vs. Commissioner of Income Tax

Coram: Justices Sanjay Kishan Kaul and Hrishikesh Roy

Case No: CA 9606 OF 2011

Court Observation: Echoing what was said by the 18th century economist, it needs to be observed here that in taxation regime, there is no room for presumption and nothing can be taken to be implied. The tax an individual or a corporate is required to pay, is a matter of planning for a tax payer and the Government should endeavour to keep it convenient and simple to achieve maximization of compliance. Just as the Government does not wish for avoidance of tax equally it is the responsibility of the regime to design a tax system for which a subject can budget and plan. If proper balance is achieved between these, unnecessary litigation can be avoided without compromising on generation of revenue

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