https://www.taxtmi.com/caselaws?id=285832 A tax on lands and buildings measured by annual letting value was upheld as a provincial levy because its pith and substance was not a tax on income or on the capital value of assets. The Court treated annual value as only a mode of valuation, not the subject of the impost, and found that the charge did not operate on actual earnings or on total capital assets or market value. The challenge to legislative competence therefore failed. The Court also treated the objection to collection and recovery measures, once the levy was accepted as valid, as barred by Section 226 of the Government of India Act, 1935. en-us Wed, 27 Sep 1939 00:00:00 +0530 Wed, 29 Jan 2020 11:59:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285832 A tax on lands and buildings measured by annual letting value was upheld as a provincial levy because its pith and substance was not a tax on income or on the capital value of assets. The Court treated annual value as only a mode of valuation, not the subject of the impost, and found that the charge did not operate on actual earnings or on total capital assets or market value. The challenge to legislative competence therefore failed. The Court also treated the objection to collection and recovery measures, once the levy was accepted as valid, as barred by Section 226 of the Government of India Act, 1935. Case-Laws Indian Laws Wed, 27 Sep 1939 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285832