https://www.taxtmi.com/caselaws?id=200570 A statutory warehousing corporation's godowns within municipal limits were not exempt from property tax merely because the corporation was an instrumentality of the State. Article 285 applies only to property that is factually shown to be property of the Union of India, and the corporation's separate legal identity prevented its assets from being treated as Union property on a bare legal characterization. The municipal exemption provisions also did not apply because they were confined to property vested in the Municipal Corporation and tax primarily leviable by it. The exemption claim therefore failed, and the property tax levy was upheld. en-us Tue, 10 May 1994 00:00:00 +0530 Thu, 05 Apr 2018 10:35:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200570 A statutory warehousing corporation's godowns within municipal limits were not exempt from property tax merely because the corporation was an instrumentality of the State. Article 285 applies only to property that is factually shown to be property of the Union of India, and the corporation's separate legal identity prevented its assets from being treated as Union property on a bare legal characterization. The municipal exemption provisions also did not apply because they were confined to property vested in the Municipal Corporation and tax primarily leviable by it. The exemption claim therefore failed, and the property tax levy was upheld. Case-Laws Companies Law Tue, 10 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200570