#Property Tax Assessment

Bombay High Court rules that property owners must provide concrete evidence to challenge rateable value assessments under the BPMC Act, shifting the onus away from municipal corporations. The judgment reinforces procedural rigor in property tax appeals, impacting all assessees contesting municipal valuations.

Bombay High Court rules that properties like hostels, canteens, and staff quarters within educational institutions fall under commercial use for tax assessment under the Maharashtra Village Panchayats Tax Rules, 2015. The judgment clarifies that Gram Panchayats must apply the prescribed formula for capital value assessment, impacting tax liabilities for educational institutions statewide.