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TMI Blog2016 (12) TMI 1016X X X X Extracts X X X X X X X X Extracts X X X X ..... mission of Mr. Kapur, we are disposed to think that he is suggesting a different scheme to be implemented by the Union of India. Needless to say, this Court cannot enter into or encroach upon the policy making arena and suggest a different policy on the foundation that the policy framed by the Union of India could have been better. That is not within the domain of the Court. There is a distinction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 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 of Manda ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er scheme regard being had to the Statement of Objects and Reasons behind the scheme. He has commended us to paragraph 3 of the same. It reads as under:- In the wake of declaring specified bank notes as not legal tender, there have been representations and suggestions from experts that instead of allowing people to find illegal ways of converting their black money into black again, the Govern ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r, we are disposed to think that he is suggesting a different scheme to be implemented by the Union of India. Needless to say, this Court cannot enter into or encroach upon the policy making arena and suggest a different policy on the foundation that the policy framed by the Union of India could have been better. That is not within the domain of the Court. There is a distinction between assailment ..... X X X X Extracts X X X X X X X X Extracts X X X X
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