https://www.taxtmi.com/caselaws?id=192815 Alternative remedy did not bar writ jurisdiction where municipal property-tax assessments were alleged to be without jurisdiction or contrary to binding law, so the High Court entertained the petitions. Annual value of the flats could not be fixed mechanically by adopting the purchase price; it had to be determined on the standard-rent basis under the applicable rent-control framework and municipal law, taking the relevant land and construction cost into account. Because the assessments and resulting demands were not made in conformity with settled legal principles, they were quashed and the matter was remitted for fresh determination in accordance with law and Supreme Court directions. en-us Thu, 01 Aug 1996 00:00:00 +0530 Thu, 22 Jun 2017 18:28:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192815 Alternative remedy did not bar writ jurisdiction where municipal property-tax assessments were alleged to be without jurisdiction or contrary to binding law, so the High Court entertained the petitions. Annual value of the flats could not be fixed mechanically by adopting the purchase price; it had to be determined on the standard-rent basis under the applicable rent-control framework and municipal law, taking the relevant land and construction cost into account. Because the assessments and resulting demands were not made in conformity with settled legal principles, they were quashed and the matter was remitted for fresh determination in accordance with law and Supreme Court directions. Case-Laws Indian Laws Thu, 01 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192815