https://www.taxtmi.com/caselaws?id=296010 A State industrial policy promising fiscal incentive for captive power plants can create enforceable expectations when implementation is delayed and the follow-up notification is issued only prospectively. The Court stated that unexplained administrative delay may defeat the substance of the promise and, without public interest justification, the prospective operation of the notification can be arbitrary under Article 14. It also noted that technical objections such as delay, alternate remedy and unjust enrichment do not necessarily bar relief where the challenge is to the manner of implementation of the promised exemption. The benefit was confined to the eligible financial years under the policy framework. en-us Tue, 01 Dec 2020 00:00:00 +0530 Tue, 26 May 2026 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296010 A State industrial policy promising fiscal incentive for captive power plants can create enforceable expectations when implementation is delayed and the follow-up notification is issued only prospectively. The Court stated that unexplained administrative delay may defeat the substance of the promise and, without public interest justification, the prospective operation of the notification can be arbitrary under Article 14. It also noted that technical objections such as delay, alternate remedy and unjust enrichment do not necessarily bar relief where the challenge is to the manner of implementation of the promised exemption. The benefit was confined to the eligible financial years under the policy framework. Case-Laws Indian Laws Tue, 01 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296010