Amendment status not verified — confirm the current text below against the official source.
(1) On the basis of assessment made as per section 87A, the owner or occupier shall deposit the amount of property tax in the specified head of the Corportation as per the prescribed procedure on or before the date fixed by the authrority and furnish a return in the prescribed form. The variation upto ten per cent on either side in the assessement made under section 87A shall be ignored. In cases where the variation is more than ten per cent, the owner or occupier of land or building, as the case may be, shall be liable to pay penalty equal to the amount of tax evaded subject to a minimum of rupees one hundred. (2) Where any property tax has not been paid by the owner or occupier within the prescribed time, the authority shall serve notice on the person chargeable with the property tax, which has not been paid, requiring him to show cause why he should not pay the amount specified in the notice and the authority shall pass an appropriate order in this regard after giving an opportunity of hearing. Explanation.-For the purposes of this section, the authority means the Zonal Taxation Officer or any officer authorized by the Commisssioner of Municipal Corporation.