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    <title>1999 (8) TMI 969 - Supreme Court</title>
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    <description>State lease rent under the enabling statute may be revised, but the power must be exercised fairly, reasonably, and without arbitrariness even where rules have not yet been framed. Uniform rent reassessment for similarly situated properties was treated as non-discriminatory under Article 14, and interest for a period covered by stay orders could be levied, subject to reduction if excessive. A fixed lease term could not be overridden by enhanced rent during the subsisting initial term unless the lease deed itself authorised such revision; contractual renewal at Government-determined rent could operate only after the stipulated period.</description>
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      <title>1999 (8) TMI 969 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=184047</link>
      <description>State lease rent under the enabling statute may be revised, but the power must be exercised fairly, reasonably, and without arbitrariness even where rules have not yet been framed. Uniform rent reassessment for similarly situated properties was treated as non-discriminatory under Article 14, and interest for a period covered by stay orders could be levied, subject to reduction if excessive. A fixed lease term could not be overridden by enhanced rent during the subsisting initial term unless the lease deed itself authorised such revision; contractual renewal at Government-determined rent could operate only after the stipulated period.</description>
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      <pubDate>Sun, 01 Aug 1999 00:00:00 +0530</pubDate>
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