Since you have only provided the title "Article 268 in Constitution of India" and the court as "Constitution Article" along with the date "26 January 1950", and no actual case content, I can only provide a general explanation of Article 268. A proper case summary requires details about a specific legal dispute.

Short Summary

Article 268 of the Constitution of India deals with duties levied by the Union but collected and appropriated by the States. It outlines a specific arrangement for the distribution of revenue generated from certain taxes. There is no specific court case associated with the article itself on the date of its enactment; rather, it is a constitutional provision.

Facts

Article 268 was part of the original Constitution of India adopted on January 26, 1950. It addresses the division of financial resources between the Union (Central Government) and the States. The article aims to provide states with an independent source of revenue.

Issues

The primary issue addressed by Article 268 is the allocation of taxing powers and revenue distribution between the Union and the States. It seeks to balance the financial needs of both levels of government.

Arguments (Hypothetical)

Since this is a constitutional provision and not a specific case, there are no petitioner/respondent arguments. However, during the drafting of the Constitution, arguments likely revolved around:

• States' Autonomy: Representatives arguing for greater state autonomy likely advocated for a broader interpretation and application of Article 268, maximizing the revenue available to the states.
• Union's Needs: Representatives prioritizing a strong Union likely argued for a narrower interpretation, ensuring the Union retained sufficient financial resources for national defense and other central responsibilities.

Court's Reasoning (Hypothetical)

As a constitutional provision, there was no "court reasoning" in the traditional sense. However, the framers of the Constitution likely considered the following:

• Fiscal Federalism: The need to establish a system of fiscal federalism where both the Union and the States have access to adequate financial resources.
• Administrative Efficiency: The practicality of having the Union levy certain duties while allowing the States to collect and appropriate the revenue.
• Balancing Interests: Striking a balance between the financial autonomy of the States and the overall financial stability of the Union.

Conclusion

Article 268 stands as a constitutional provision outlining the framework for the levy of certain duties by the Union, but their collection and appropriation by the States. It is a key element of India's fiscal federalism. No specific ruling was made on January 26, 1950, as it was the date of the Constitution's adoption.