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    <title>2015 (5) TMI 729 - Supreme Court</title>
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    <description>A statutory tourism incentive scheme incorporated into a notification could not be curtailed by a later Government Resolution where units had already obtained temporary registration and the scheme promised further time and recourse for extension. The Court held that Clause 10 remained operative for such units and that the later Resolution was ineffective unless the notification itself was amended or rescinded in the manner required by law. It also held that, because the units had altered their position in reliance on the promised incentives and project timetable, the State was bound by promissory estoppel and had to consider extension on the merits under the Scheme.</description>
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    <pubDate>Wed, 13 May 2015 00:00:00 +0530</pubDate>
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      <title>2015 (5) TMI 729 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=259855</link>
      <description>A statutory tourism incentive scheme incorporated into a notification could not be curtailed by a later Government Resolution where units had already obtained temporary registration and the scheme promised further time and recourse for extension. The Court held that Clause 10 remained operative for such units and that the later Resolution was ineffective unless the notification itself was amended or rescinded in the manner required by law. It also held that, because the units had altered their position in reliance on the promised incentives and project timetable, the State was bound by promissory estoppel and had to consider extension on the merits under the Scheme.</description>
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      <pubDate>Wed, 13 May 2015 00:00:00 +0530</pubDate>
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