Supreme Court of India
The Lokmanya Mills v. The Barsi Borough Municipality
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
Municipality - House tax-Fixation of -Annual letting value-Rule directing computation on floor area-If intra vires M ethod of computation-Bombay Municipal Boroughs Act, 1925 (Born. 18 of 1925), s. 58, r. 2C. The Bombay Municipal Boroughs Act, 1925, empowered a municipality to levy rates on lands and buildings which were to be assessed on the valuation based on the capital or the annual letting value. The Act defined the annual letting value inter alia as the annual rent for which any building or land might reasonably be expected to let from year to year. The General Body oi the Municipality
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