Amendment status not verified — confirm the current text below against the official source.
On ths introducdon of the duty on applicable transfer of property— on the intro* duction of transfer duty. (a) section 27 of the Indian Stamp Act, 1899 (Act H o t 1899) shall be read as if it specifically required the particulars to be set forth separately in respect of property situated within and without the 4 ci’y;and (b) section 64 of the sa’d Act shall be read as it it referred to the Corporation as well as the Govern ment, v CHAPTER XVII TAX ON PROFESSIONS. TRADES AND CALLINGS LieeMc t« be 130. (1) Every person oho exercises or carries annuall*-1 ’n l ^c C^X’ e *l ^ e r hy bin" if o r bv an agent or annua). r e pr e gC ntative, any of the professions, trades or call ings indicated in the Fourth Schedule, shall annually take out a license before the first day of April in each year or within one month of his taking up the profession, trade or calling, as the case may be, and pay for the same such fee as is mentioned in that behalf in the said schedule: Provided also that the grant of such a license shall not be deemed to affect the liability of the licensee to take out a license under any other section of this Act : Provided also that the Commissioner may— (a) remit or refund any portion of the fee so pay able in respect of the exerc'se or carrying on of any profession, trade or calling if he is satisfied that the profession, trade or calling has not been exercised or carried on for more than six consecu tive months ; or (b) exempt a person, who in the opinion of the Commissioner is unable to pay the fee due for a license, from liability to take out such license, or declare that he shall be entitled to take out a license under a lower class than that under which he is chargeable according to the said schedule ; (c) in any other case exempt any person from liability to take out a license or declare that any person shall be entitled to take out a license under a lower efass than before. 1W (•t) The Qommissioner may at any time grant a license for any previous year for which no licence has been taken out, on payment of the fee which would have been payable therefor in the first instance: Provided that the production of such a licence shall not afford a valid defence if the licencee is prosecuted for failing to take a licence within the time required by this Act. r pe w e r of (3) The Commissioner may, by written notice, S o n mi's- require the owner or occupier of any building or place s i • a • r t» of business to forward to him within seven days a call for list jigt, signed by such owner or occupier of the names » ®f Pencas. a y p e r s o n s exercising or carrying on any professions, trades or calling therein, and of their respective pro fessions, trades, and callings. . (4) The liability of any person to take out a clas/hoVto licence and the class under which he shall be deemed determi- bound to take out a licence, shall be determined in ned. accordance with the rules that may be made in this behalf by th e Corporation. (5) 1 he Corporation may, by notification in the official gazette, from time to time, increase the rates specified in the Schedule. CHAPTER XVIII OCTROI Octroi on