Practice Area
ELECTION ADVISORY AND LITIGATION
Published On
October 24, 2024
Description
We bring to you the second publication of our October 2024 edition of the nota bene Update
The Hon’ble Supreme Court, in Mineral Area Development Authority & Anr. v. M/S Steel Authority of India recently held that states are conferred with legislative competence to tax mineral rights. In this edition of nota bene, we have endeavoured to summarise the nine-judge bench decision, with special focus on the potential impacts of the landmark decision on industries and revenue generation of states.
We hope you enjoy reading this edition!
