https://www.taxtmi.com/caselaws?id=99823 The High Court upheld the tax exemption for a company based on an agreement with the former Gwalior State, citing constitutional provisions. However, the Supreme Court ruled that subsequent legislative provisions on taxation would prevail over the agreement, leading to the dismissal of the company's appeals for tax refunds. The Court emphasized the supremacy of post-enactment laws in tax matters, ultimately allowing the State's appeals and ordering each party to bear its own costs, thereby resolving the legal dispute conclusively. en-us Tue, 28 Apr 1964 00:00:00 +0530 Mon, 23 Sep 2013 13:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99823 The High Court upheld the tax exemption for a company based on an agreement with the former Gwalior State, citing constitutional provisions. However, the Supreme Court ruled that subsequent legislative provisions on taxation would prevail over the agreement, leading to the dismissal of the company's appeals for tax refunds. The Court emphasized the supremacy of post-enactment laws in tax matters, ultimately allowing the State's appeals and ordering each party to bear its own costs, thereby resolving the legal dispute conclusively. Case-Laws VAT and Sales Tax Tue, 28 Apr 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99823