Supreme Court Clarifies Tax on Maize Starch: Santhosh Maize & Industries Limited vs. State of Tamil Nadu (2023) LEGAL ISSUE: Whether maize starch is exempt from sales tax as a product of millet or taxable as a type of starch. CASE TYPE: Tax Law (Sales Tax) Case Name: Santhosh Maize & Industries Limited vs. The […]
Supreme Court Clarifies Tax on Maize Starch: Santhosh Maize & Industries Limited vs. State of Tamil Nadu (2023) LEGAL ISSUE: Whether maize starch is exempt from sales tax as a “product of millet” or taxable as “starch of any kind”. CASE TYPE: Tax Law Case Name: Santhosh Maize & Industries Limited vs. The State of
Supreme Court Strikes Down Discriminatory Definition of “Sikkimese” in Income Tax Act LEGAL ISSUE: Whether the definition of “Sikkimese” under Section 10(26AAA) of the Income Tax Act, 1961, is discriminatory against long-term Indian settlers and Sikkimese women. CASE TYPE: Tax Law, Constitutional Law Case Name: Association of Old Settlers of Sikkim & Ors. vs. Union
Supreme Court Clarifies “Solely for Educational Purposes” Under Income Tax Act LEGAL ISSUE: Interpretation of “solely for educational purposes” for tax exemption under Section 10(23C) of the Income Tax Act, 1961. CASE TYPE: Income Tax, Charitable Trusts, Educational Institutions Case Name: M/s New Noble Educational Society vs. The Chief Commissioner of Income Tax Judgment Date:
Supreme Court clarifies tax exemptions for manufacturing units: State of Gujarat vs. Arcelor Mittal Nippon Steel India Limited (2022) LEGAL ISSUE: Whether a manufacturing unit is eligible for tax exemptions on raw materials when those materials are not directly used by the unit but transferred to another entity for processing. CASE TYPE: Tax Law Case
Supreme Court Allows 100% Tax Exemption Post Substantial Expansion Under Section 80-IC: Aarham Softronics Case (2019) LEGAL ISSUE: Whether an assessee who initially availed 100% tax exemption under Section 80-IC of the Income Tax Act, 1961 for setting up a new industry can claim the same 100% exemption again after carrying out a substantial expansion
