Green light for retro tax sends a shockwave across mining and metals companies

The Supreme Court allowed states to tax them from as far back as 2005, in a lightning bolt for companies that could face tax demands of as much as ₹2 trillion, and prompt more states to raise tax demands, experts said.

source https://www.livemint.com/news/india/mmdr-act-tax-demands-mineral-rights-fimi-tushar-mehta-supreme-court-11723646478149.html