Supreme Court Upholds Denial of Trade Tax Exemption in Modernization Case: AMD Industries Limited vs. Commissioner of Trade Tax (2023) INSC 14

/ Diversification, Judges, Krishna Murari, M.R. Shah, Modernization, U.P. Trade Tax Act, 1948, U.P. Trade Tax Act, 1948 with Section 4-A

Supreme Court Upholds Denial of Trade Tax Exemption in Modernization Case Date of the Judgment: January 9, 2023 Citation: (2023) INSC 14 Judges: M.R. Shah, J., Krishna Murari, J. Can a company that upgrades its manufacturing process with new technology claim tax exemptions meant for companies that diversify their product line? The Supreme Court of […]

Supreme Court Upholds Denial of Trade Tax Exemption in Modernization Case: AMD Industries Limited vs. Commissioner of Trade Tax (2023) INSC 14 Read Post »