https://www.taxtmi.com/caselaws?id=171570 Section 82(2) of the Madras District Municipalities Act, 1920 was construed as permitting recognised methods of ascertaining annual value, including reference to capital value, unless the statute expressly forbids that approach. The proviso to Section 82(2) was held to create only a limited exception for the two building classes specified in it and could not be read to impliedly exclude capital-value valuation for vacant lands. On that construction, the Municipality was not barred from adopting the capital-value method for assessment, and the challenge to the valuation failed. en-us Thu, 30 Mar 1944 00:00:00 +0630 Fri, 24 Jul 2015 13:23:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171570 Section 82(2) of the Madras District Municipalities Act, 1920 was construed as permitting recognised methods of ascertaining annual value, including reference to capital value, unless the statute expressly forbids that approach. The proviso to Section 82(2) was held to create only a limited exception for the two building classes specified in it and could not be read to impliedly exclude capital-value valuation for vacant lands. On that construction, the Municipality was not barred from adopting the capital-value method for assessment, and the challenge to the valuation failed. Case-Laws Indian Laws Thu, 30 Mar 1944 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=171570