M.C.D. vs TRIGON INVESTMENT & TRADING

The Supreme Court addressed the issue of property tax assessment under the Delhi Municipal Corporation Act, 1957, specifically referencing Section 126. The Court held that the absence of a registered sale deed does not exempt the respondent from property tax liability, as possession and the agreement with the builder established a basis for tax assessment. The Court dismissed the appeal of the Municipal Corporation of Delhi, affirming the High Court's decision to uphold the assessment made by the Deputy Assistant Assessor and Collector.