SASADHAR CHAKRAVARTY & ANR. vs UNION OF INDIA & ORS.

The Supreme Court addressed the petitioners' claims regarding the denial of benefits from improvements made to the Indian Oxygen Ltd. pension fund, asserting that such denial is arbitrary and violates Article 14 of the Constitution. The Court examined the provisions of the Income Tax Act, 1961, specifically Sections 2(6) and 36(1), and found that the rules challenged by the petitioners did not constitute excessive delegation of power. The Court held that the existing pensioners are entitled to the benefits of the improvements made, thereby affirming the need for equitable treatment among pensioners under the fund.