Freedom of trade commerce and intercourse with special reference to tax law

Abstract

Taxation is the life line of the economic needs of any country. Our Government is a newlinewelfare government and being a welfare government it has to perform a number of newlineactivities for the welfare of the people of India. It is well known that no activities can newlinebe performed properly, regularly and systematically without the help of money. Money, newlinefor any country is the axis on which entire economic prosperity is based. The main newlinesource of the governmental exchequer is nothing but tax. newlinePart XIII of the Indian Constitution deals with the concept of freedom of trade, newlinecommerce and intercourse throughout the territory of India containing Article 301 to newline307 of the constitution. Article 301 is the main Article describing scope, limit and extent newlineof the freedom of trade and commerce. It runs as follows: Trade, commerce and newlineintercourse throughout the territory of India shall be free , newline