Capital Value - Definition - Law Dictionary Home Dictionary Definition capital-value

Definition :

Capital value, 'capital value' of a building to mean the value arrived at by multiplying the annual value of a building by sixteen, D.G. Gouse and Co. (Agents) Pvt. Ltd. v. State of Kerala, (1980) 2 SCC 410: AIR 1980 SC 271 (282): (1980) 1 SCR 804. (Kerala Building Tax Act (7 of 1975), Pre.)