DEWAN DAULAT RAI KAPOOR ETC. ETC. vs NEW DELHI MUNICIPAL COMMITTEE & ANOTHER ETC. ETC.

The Supreme Court interpreted Section 3(1)(b) of the Punjab Municipal Act, 1911 and Section 116 of the Delhi Municipal Corporation Act, 1957, regarding the assessment of 'annual value' for house tax. The Court held that in cases where the standard rent has not been fixed under Rent Control legislation, landlords are entitled to receive contractual rent, which can be considered a reasonable measure for determining annual value. The appeals were allowed based on precedents that supported the landlords' right to receive contractual rent without penalty when standard rent is not established.