In Dr.Balbir Singh & ors. v/s. M/s.M.C.D. & Ors., AIR 1985 SC 339, it was held that the ratable value of a building, whether tenanted or self occupied, is limited by the measure of standard rent arrived at by the assessing authority by applying principles laid down in the Rent Act. It has also been held that the test for determining the standard rent is not what the standard rent actually is but the rent which the owner reasonably expects to receive from an hypothetical tenant. Such expectation cannot go beyond the standard rent.
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Bombay High Court
Pimpri Chinchwad Municipal ... vs Tata Engineering And Locomotive ... on 11 August, 2009
Bench: Nishita Mhatre
Citation:2009(5) ALLMR 529:2009(5)MHLJ647 Bom
Read full judgment here:click here
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