Setback for TTC industries as SC says NMMC can levy property tax
India, June 1 -- Thousands of industries in the Trans-Thane Creek (TTC) industrial belt suffered a legal setback on Wednesday after the Supreme Court ruled that the area falls within the jurisdiction of the Navi Mumbai Municipal Corporation (NMMC), allowing the civic body to continue collecting property tax from industrial units.
Dismissing a batch of appeals filed by industry associations, a bench of Justice Pankaj Mithal and Justice Prasanna Varale rejected claims that the TTC industrial area stood excluded from NMMC limits and that the civic body lacked the authority to impose property tax on units operating there.
The associations had sought recognition of the belt as an independent industrial township, arguing that the Maharashtra ...
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इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
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