https://www.taxtmi.com/caselaws?id=354018 The Supreme Court dismissed the appellant's claim for tax deferment under the West Bengal Incentive Scheme, 1999, ruling that incentives require a statutory process, not just a policy statement. The appellant failed to prove reliance for promissory estoppel. The appellant was held liable for tax payment with interest but was spared from a penalty due to genuine doubt. The judgment underscores the significance of statutory provisions for incentives and the necessity of legal grounds like promissory estoppel to challenge government policies. en-us Thu, 07 Dec 2017 00:00:00 +0530 Tue, 16 Jan 2018 09:26:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354018 The Supreme Court dismissed the appellant's claim for tax deferment under the West Bengal Incentive Scheme, 1999, ruling that incentives require a statutory process, not just a policy statement. The appellant failed to prove reliance for promissory estoppel. The appellant was held liable for tax payment with interest but was spared from a penalty due to genuine doubt. The judgment underscores the significance of statutory provisions for incentives and the necessity of legal grounds like promissory estoppel to challenge government policies. Case-Laws VAT and Sales Tax Thu, 07 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354018