Amendment status not verified — confirm the current text below against the official source.
Limitation period for assessment of property tax.- (1)The assessment of un-assessed properties or the reassessment of the properties already paying the property tax under this section may be made at anytime when evasion is noticed or justified circumstances arise for the same: Provided that in case of residential properties and the properties with a single ID in the property tax registers of the City Corporation which have mixed use as residential and non-residential, the arrears of the property tax for the under-assessed or un-assessed properties, the applicable penalties and the interest payable, shall be limited to five years even if the un-assessment or the under-assessment of property tax exceeds five years. (2) In computing the period of limitation specified for assessment or re- assessment, as the case may be under the Act, the period taken for disposal of any appeal against an assessment or other proceedings by the appellate authority, a tribunal or competent court shall not be taken into account for assessment or re-assessment as the case may be.