Amendment status not verified — confirm the current text below against the official source.
Payment of Property Tax.- (1) The person primarily liable to pay the property tax, shall file the return on his property and accordingly pay the tax in two equal instalments. The property tax shall become due to be paid in a financial year as per last dates fixed for two equal instalments – first being end of May and second being end of November of concerned financial year. However, the khatadar or occupier or person primarily liable to pay property tax may choose to pay property tax in one instalment: Provided that in case the property tax is paid in single instalment for the full year within one month from the date of commencement of the financial year, he shall be allowed a rebate at a rate, not exceeding five percent, on the tax payable, as notified: Provided further that the period of rebate may be extended by the Government up to the end of May of the financial year in which it become due. (2) Before any khatadar or occupier submits any return, he shall pay in advance half-yearly tax calculated or the full amount of the property tax payable by him for the year on the basis of such return declared by him as being true and complete. (3) The Government in consultation with the City Corporation shall prescribe the form and the manner in which every khatadar or Occupier who is liable to pay the property tax under this Act shall submit a return every year to the Commissioner or to the officer or agency authorized by him in this behalf. (4) In order to facilitate filing of return by an khatadar or occupier of any building or vacant land or both and assessment of property tax under this section, the Commissioner shall from time to time issue guidelines for determining the capital value and property tax payable thereon. (5) Every return filed by an khatadar or occupier shall deemed to have been assessed to tax except in cases where the Commissioner or authorized officer may take up the cases for scrutiny of the returns filed, in the manner as may be prescribed: Provided that the Commissioner may suo-motu or otherwise cause inspection of such building and assess the tax if he has reason to believe that there is an evasion of tax by the khatadar or Occupier. (6) The City Corporation shall provide each person who pays property tax an acknowledgement or Khata for the payment of such tax, and such acknowledgement or Khata provided shall be distinct for lawful and unlawful buildings or vacant land and the format of such acknowledgement or Khata shall as may be prescribed from time to time by the State Government.