Bare ActsThe Punjab Urban Immovable Property Tax Act 1940

Section 1940

njab Re-organi- Subjects) Order

Amendment status not verified — confirm the current text below against the official source.

njab Re-organi- Subjects) Order. 1940 : P, 4 1 LE [ ct 52 URRAN ]MMOI\’IJ‘:(]);PERTY TAX XVII- » means the tax (includip € the : o f any) leviable under the lsi(}r‘ (f) “the tax’ Proy chargc,.i 3 of section 1) There shall be c}fafiid’sigfizfig ?xildthpai 4y e Y S Sildings and la his Act at such py, ting aflflu{;;g;‘v’; (i)n the Schedule tof‘ttlllse annual v:luerate’ Not area s ; i er centumm Sug exqu,dmsg Lwenty p " as the 1[Centre(til_ Gc;w{ernment may bl; gg{ifilé‘agtion in the Official Gazette, direct in respecy Of eagf suchg[liiirtg%%d:fi%at where the tax calculated on the a between the sajq an l he difference . ) X:%fi: :éccle:g: etxemption limit, as referred to in clauge -section (I) 3or as fixed by the [Centra] Govery, ?nfenalgxfgg?ggb(-szact[ion (2) of section 4 of the Act, the tax leviable shall be equal to the said dlfi“erenc_e.] (2) the Y[Central Governmentl may by si after the termination thereof there shall be charged, levieg and paid, in addition to the tax leviable under sub-section ifty per centum of the rate notified under that sub-section, ] may, by notification in the Officia] Gazette, from time to time add to, omit or vary any of the entries contained jn the schedule to thig Act, The tax shall be pajq by th . € owner of the bujld- 10gs and lands in Iespect of which ji h c T the payment of any CCt of the §a; be liable only to id Property, pyt the transferee shall 1t of propert ired by him,] Exemptio

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