In Brief
The Supreme Court examined a special leave petition challenging the High Court's decision to admit an appeal only on Question No. 4 regarding whether a sales tax incentive is a capital receipt, while rejecting admission on Questions Nos. 1 to 3 and 5. The Court held that since a prior Supreme Court judgment in the Reliance Industries case had remitted the same question back to the High Court for fresh consideration, this case should receive identical treatment. The Court allowed the appeal and directed the High Court to admit the case and decide the substantive question on merit.
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