https://www.taxtmi.com/caselaws?id=200354 The term "machinery" in the third proviso to Section 101 of the Bengal Municipal Act, 1884 was given its ordinary meaning, limited to mechanical contrivances operating through the combined and interdependent action of parts. A stationary balancing tank with its supporting structure, used to store water and release it by gravity, did not answer that description and was treated instead like a reservoir or cistern. The fact that water was pumped into the tank did not change its essential character. The structure was therefore not excluded from valuation, and its value could be included in the assessment of annual value. en-us Tue, 12 Jul 1921 00:00:00 +0530 Mon, 26 Mar 2018 16:24:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200354 The term "machinery" in the third proviso to Section 101 of the Bengal Municipal Act, 1884 was given its ordinary meaning, limited to mechanical contrivances operating through the combined and interdependent action of parts. A stationary balancing tank with its supporting structure, used to store water and release it by gravity, did not answer that description and was treated instead like a reservoir or cistern. The fact that water was pumped into the tank did not change its essential character. The structure was therefore not excluded from valuation, and its value could be included in the assessment of annual value. Case-Laws VAT and Sales Tax Tue, 12 Jul 1921 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200354