LT. COL. P R CHAUDHARY (RETD.) vs M C D

The Supreme Court upheld the dismissal of the appellant's writ petition challenging the assessment of rateable value under Section 116 of the Delhi Municipal Corporation Act, 1957. The Court clarified that the rateable value must be determined based on the annual rent that the property might reasonably be expected to fetch, minus allowances for repairs and taxes. The judgment referenced the earlier case of Ravish Chander Rastogi, affirming the principles established regarding property tax assessments.