https://www.taxtmi.com/caselaws?id=784593 A new industrial unit under the 1989 policy is identified by fresh capital investment after the effective date, separate registration, separate location, independent power supply, and functional autonomy; on those factors, the MM Plant was treated as a distinct undertaking rather than an expansion. The overall subsidy-limit restriction was described as applying to expansion, modernisation, or diversification claims, so it did not defeat incentives for a qualifying new unit. The text also notes that repeated official sanction, acknowledgment, and recommendation for release created binding representation and legitimate expectation, preventing the State from resiling from disbursal once the beneficiary had relied on those assurances. en-us Tue, 06 Jan 2026 00:00:00 +0530 Wed, 07 Jan 2026 13:21:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784593 A new industrial unit under the 1989 policy is identified by fresh capital investment after the effective date, separate registration, separate location, independent power supply, and functional autonomy; on those factors, the MM Plant was treated as a distinct undertaking rather than an expansion. The overall subsidy-limit restriction was described as applying to expansion, modernisation, or diversification claims, so it did not defeat incentives for a qualifying new unit. The text also notes that repeated official sanction, acknowledgment, and recommendation for release created binding representation and legitimate expectation, preventing the State from resiling from disbursal once the beneficiary had relied on those assurances. Case-Laws Indian Laws Tue, 06 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784593