https://www.taxtmi.com/caselaws?id=756170 Royalty under the MMDR Act was treated by the majority as a statutory impost with the character of tax, not a mere contractual payment; Parliament's scheme was held to limit State taxation of mineral rights under Entry 50 of List II, and the phrase "any limitations" was read broadly to include restrictions and prohibition. Mineral-bearing land was held to fall within Entry 49 of List II, and mineral yield or royalty may be used as the measure of a land tax if the levy remains, in substance, a tax on land. Entries 49 and 50 were held to operate in distinct fields. The dissent would have rejected Entry 49 taxation by reference to royalty or mineral value. en-us Thu, 25 Jul 2024 00:00:00 +0530 Mon, 29 Jul 2024 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756170 Royalty under the MMDR Act was treated by the majority as a statutory impost with the character of tax, not a mere contractual payment; Parliament's scheme was held to limit State taxation of mineral rights under Entry 50 of List II, and the phrase "any limitations" was read broadly to include restrictions and prohibition. Mineral-bearing land was held to fall within Entry 49 of List II, and mineral yield or royalty may be used as the measure of a land tax if the levy remains, in substance, a tax on land. Entries 49 and 50 were held to operate in distinct fields. The dissent would have rejected Entry 49 taxation by reference to royalty or mineral value. Case-Laws Indian Laws Thu, 25 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756170