law: The Indian Tramways Act, 1886
  44. Power to exempt from municipal taxation.-
  When a tramway is constructed under this Act within the limits of a municipality, the State Government may exempt the animals, plant, rolling-stock, yards, workshops, engine-sheds, 1[electrical generating stations or sub-stations] and depots of the promoter, lessee or licensee, for such period as it thinks fit, from all or any municipal taxes leviable within those limits.
  1. Ins. by Act 5 of 1911, s. 7.