Royalty on Advertisement Hoardings cannot be equated with imposition of Tax

Patna Municipal Corporation & Ors Vs Tribro Ad Bureau & Ors. (Supreme Court of India) Conclusion: Imposition of royalty could not be equated with imposition of tax/levy. Even otherwise, the law was no longer res integra that conduct of the parties and acquiescence would preclude a party from turning around and assailing a decision acquiesced to, except where there was an inherent lack of jurisdiction, or the exercise of authority was perverse or malafide, in law or in fact. Held: Municipal Commissioner convened a meeting with advertising agencies. It was resolved that agencies must su...