JUDGMENT

(Prayer: Petitions under Article 226 of the Constitution of India seeking issuance of a writ of declaration (i) to declare the impugned insertion / provisions of Section 292CC by the Finance Act 2012 as illegal, arbitrary, unreasonable, unfair and violative of various Articles of Constitution, particularly Articles 14 19 and 21, void, invalid in law, unconstitutional; (ii) to declare the impugned insertion/Explanation of the Finance Act 2017 in Section 132 (1) of the INCOME TAX ACT 1961 with retrospective effect from 1st April 1962, further inserted an Explanation under Section 132 (1A) of the Act with retrospective effect from 01.10.1975 and further inserted an Explanation in Section 132 A of the Act with retrospectiv