States Can Withdraw Tax Exemptions in Public Interest, But With Reasonable Notice: Supreme Court Supreme Court States Can Withdraw Tax Exemptions in Public Interest, But With Reasonable Notice: Supreme Court 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may withdraw tax exemptions in public interest, observing such fiscal benefits are concessions that can be modified or rescinded when required for broader public welfare considerations. Share this: Share on X (Opens in new window) X Share on Facebook (Opens in new window) Facebook Like this:Like Loading... By Satyajeet Barik 31 March 2026, 4:50 PM31 March 2026, 4:50 PM
