Taxation of union properties

Notwithstanding anything contained in the foregoing provisions of this Chapter, lands and buildings being properties of the Union of India shall be exempted from the taxes on lands and buildings specified in section 113: Provided that nothing in this section shall prevent the Corporation from levying any of the said taxes on such lands and buildings to which immediately before they were liable, or treated as liable, so long as that tax continues to be levied by the Corporation on other lands and buildings: Provided that the public sector undertakings or companies owned and controlled fully or partially by the Central Government shall be assessable to taxes under the provisions of this Act or bye-laws made thereunder, and shall also be liable to pay fee or service charges, as the case may be, in lieu of services provided by the Corporation.

of this Act or bye-laws made thereunder, and shall also be liable to pay fee or service

charges, as the case may be, in lieu of services provided by the Corporation.