Amendment status not verified — confirm the current text below against the official source.
II of 1924. 1932 : Bom. II ] Gujarat Finance Act, 1932 5 of 14 of Poona, the rateable value of buildings or lands as determined in accordance with the provisions of the Bombay Municipal Corporation Act, or the Bombay Provincial Municipal Corporations Act, 1949, as the case may be;] (b) in the other Municipal areas, the annual letting value of buildings or lands as determined in accordance with the provisions of section 78 of the Bombay Municipal Boroughs Act, 1925, or section 63 of the Bombay District Municipal Act, 1901, as the case may be ; (c) in the 20[areas of the Cantonments of Ahmedabad, Poona and Kirkee,] the annual value as defined by section 64 of the Cantonments, Act, 1924 ; Provided that if in any case the property tax is assessed on any building or land on its capital value, such percentage of the capital value as may be determined by the 21[State] Government shall be deemed to be the annual letting value. (2) " Buildings " and "lands " have the same meanings as they have in the 22[Bombay Municipal Corporation Act], 23[the Bombay Provincial Municipal Corporations Act, 1949,] the Bombay Municipal Boroughs Act, 1925, the Bombay District Municipal Act, 1901, or the Cantonments Act, 1924, as the case may be; 24[(2A) " City of Ahmedabad " and " City of Poona " respectively means the City of Ahmedabad and the City of Poona as constituted under the Bombay Provincial Municipal Corporations Act, 1949 ;] (3) "Urban Immovable Property tax " means a tax leviable under the provisions of section 22; (4) "Municipality " includes a Notified Area Committee ; (5) "Municipal area " means an area within the limits of a municipality (6) "Prescribed" means prescribed by rules ; (7) "Property tax "means in 25[Greater Bombay and in the City of Ahmedabad and the City of Poona, the general tax levied under section 143 of the Bombay Municipal Corporation Act or under section 132 of the Bombay Provincial Municipal Corporations Act, 1949, as the case may be] and in other Municipal areas and in the 26[areas of the Cantonments of Ahmedabad, Poona and Kirkee] a tax or rate on buildings or lands or a tax or rate in the form of such tax or rate on buildings or lands levied under the Bombay Municipal Boroughs Act, 1925, or the Bombay District Municipal Act, 1901, or the Cantonments Act, 1924, as the case may be ; and (8) " Rules" means rules made under section 29.