KRISHNA MOHAN P.LTD. vs M.C.D.

The Supreme Court addressed the inclusion of plant and machinery costs in determining the rateable value of a building under the Delhi Municipal Corporation Act, 1957, specifically Section 116(3). The Court held that such costs, being associated with movable items, should not be included in the rateable value calculation. The judgment of the Delhi High Court was set aside, and the matter was remitted back to the assessing authority for recalculation in accordance with the law, allowing all contentions to be raised before it.