https://www.taxtmi.com/caselaws?id=49390 Whether a pre constitutional seven year income tax exemption survived the post integration statutory scheme: the statutory framework established from 1 April 1950, including the Part B States taxation concessions regime, governs permissible scope and duration of tax exemptions and supersedes earlier executive concessions to the extent of inconsistency. Consequently, prior executive promises do not continue beyond the limits set by the statutory concession order, and affected taxpayers are limited to concessions available under the Part B States taxation concession regime rather than the original seven year concession. en-us Tue, 28 Apr 1964 00:00:00 +0530 Sat, 23 Aug 2014 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49390 Whether a pre constitutional seven year income tax exemption survived the post integration statutory scheme: the statutory framework established from 1 April 1950, including the Part B States taxation concessions regime, governs permissible scope and duration of tax exemptions and supersedes earlier executive concessions to the extent of inconsistency. Consequently, prior executive promises do not continue beyond the limits set by the statutory concession order, and affected taxpayers are limited to concessions available under the Part B States taxation concession regime rather than the original seven year concession. Case-Laws Income Tax Tue, 28 Apr 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49390