https://www.taxtmi.com/caselaws?id=99788 A special statute referring generally to municipal taxation powers was treated as a reference to the municipal law as amended from time to time, so later taxing provisions remained available to the development authority. Sections 127A and 135 were held to be self-operative charging provisions, making ordinary municipal tax-imposition procedures unnecessary before recovery. A company's assets were not treated as Union Government property merely because the Union held all shares, and the corporate veil was not lifted without statutory basis. A private agreement could not bar exercise of statutory taxing power or invalidate the demand notices, so the property tax levy and recovery were upheld. en-us Sat, 15 Apr 1978 00:00:00 +0530 Mon, 30 Jan 2012 11:29:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99788 A special statute referring generally to municipal taxation powers was treated as a reference to the municipal law as amended from time to time, so later taxing provisions remained available to the development authority. Sections 127A and 135 were held to be self-operative charging provisions, making ordinary municipal tax-imposition procedures unnecessary before recovery. A company's assets were not treated as Union Government property merely because the Union held all shares, and the corporate veil was not lifted without statutory basis. A private agreement could not bar exercise of statutory taxing power or invalidate the demand notices, so the property tax levy and recovery were upheld. Case-Laws Companies Law Sat, 15 Apr 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99788