Municipal Corp Of Delhi vs North Delhi Power Ltd. [Now - Tata Power ...

The Supreme Court addressed the issue of property tax liability concerning a plot of land allotted to North Delhi Power Limited under the Delhi Municipal Corporation Act, 1957. The Court held that the assessment order was quashed based on Section 119(1) which provides for tax exemption when land is transferred to the government. The Court affirmed the High Court's ruling that North Delhi Power Limited is liable for property tax under Section 120(1)(c) due to its status as a licensee and remanded the matter for determination of tax liability between North Delhi Power Limited and Delhi Power Company Ltd.