Supreme Court Applies Prospective Overruling in Mineral Tax Case to Avoid Financial Hardship and Protect Past Transactions. The court held that the judgment overruling India Cement Ltd. v. State of Tamil Nadu shall operate prospectively from 25 July 2024, and no new tax demands shall be made for the period prior to that date.
25 Jul 2024This judgment addresses the question of whether the nine-Judge Bench decision in Mineral Area Development Authority v. Steel Authority of India (MADA)...





