The Supreme Court of India held that State governments may withdraw tax exemptions in public interest, observing such fiscal benefits are concessions that can be modified or rescinded when required for broader public welfare considerations.
Law is not just about justice; it’s a tool for transformation, says ex-CJI DY Chandrachud. He emphasized that laws evolve with time, and overruling past judgments isn’t merely about fixing errors. Instead, it ensures that the law stays relevant to the society it serves. Legal changes reflect societal progress and adaptability.
