In the case of Municipal Corporation of Greater Bombay v/s. Kamla Mills Ltd., (2003) 6 SCC 315, the Supreme Court did not accept the contention of the assessee in that case that no rateable value can be fixed in respect of the premises occupied by the owner himself. The Court observed that the ratable value had to be determined on the basis of what an hypothetical tenant would offer as reasonable 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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