High Court vs. Supreme Court Judgments: What’s the Difference?

Did you know that not all court judgments apply nationwide? Here’s how High Court and Supreme Court rulings impact tax laws!

📌 High Court Judgments – Apply only within their respective state or region.
📌 Supreme Court Judgments – Apply across all of India and must be followed by everyone.
📌 Landmark High Court Judgments – While not binding nationwide, they can influence other courts and be considered in other states.

📌 Example: Think of it like school rules!

A school principal’s rule applies only to their school (High Court decision).

An Education Minister’s rule applies to all schools (Supreme Court decision).

If a school’s rule is really useful, other schools may voluntarily follow it!

Understanding court judgments helps in interpreting tax laws better. Like, Share & Follow for more finance insights! 🚀

Видео High Court vs. Supreme Court Judgments: What’s the Difference? канала Knowlege_Verse